opera news

download from google play download from apple store

Pull to refresh

Pull to refresh

Pull to refresh

Pull to refresh

Pull to refresh

Pull to refresh

Pull to refresh

Pull to refresh

Pull to refresh

Pull to refresh

Pull to refresh

Pull to refresh

Pull to refresh

Pull to refresh

Pull to refresh

Pull to refresh

Connection failed Try again

opera news

download from google play download from apple store

Here Are Africa's Top 10 Countries Which Owe China, See The Position of Kenya

News Hub Creator 1d

China is an economic giant country situated in Asia.The super power nation with a population of over one billion people has in the past few years made several advances in undertaking various multibillion projects across Africa. Most of these projects were accomplished as part of a loan deal struck between the African countries and China.

According to an article recently published by Nairobi News , African nations owe China alot of money. Here are top 10 most indebted countries.

1.Angola - it is the most indebted country with an estimated debt of Kenya shillings 2.5 trillion.

2.Ethiopia. This Eastern African country comes second with an approximated debt of 1.35 trillion Kenyan shillings.

3. Kenya appears on the third position with an estimated debt of 800 billion shillings. Most of these loans were acquired to finance development projects like the Standard Gauged Railway (SGR). View pictures in App save up to 80% data.

President Uhuru Kenyatta and China's President Xi Jinping at a past event ( photo ).

4.Congo . This central African country comes fourth with a total of about 750 billion Kenya shillings.

5. Sudan . This country on the Northern side of Africa features on the fifth position with an approximated debt of over 640 billion Kenya shillings.

6. Zambia . This country acquired loans to finance several projects majorly in the transport sector. It has got a debt of 650 billion Kenya shillings.

7. Cameroon. The west African country owes China a bill worth 550 billion Kenya shillings. This places her on the 7th position of the most owed countries .

8. Nigeria. This West African country falls on the 8th position from its debt of 480 billion Kenya shillings.

9. Chana . This country owes China an approximated debt of 350 billion Kenya shillings.

10.Democratic Republic of Congo. The country falls on the 10th position from its debt of 340 billion Kenya shillings.

What are your thoughts on this ? Share your comments.

Content created and supplied by News Hub Creator.Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address [email protected] and/or report the article using the available reporting functionality built into our Platform. Read more>>

Follow us on Telegram