The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Ray Washburne, president and CEO of the U.S. development finance institution OPIC, poses for a photograph after an interview with Reuters in Johannesburg, South Africa, July 16, 2018. REUTERS/Joe Bavier
China is saddling poor nations with unsustainable debt through large-scale infrastructure projects that are not economically viable, the head of the U.S. Overseas Private Investment Corporation (OPIC) said on Monday.
The criticism of Beijing - targeted by President Donald Trump in a trade war that has sent ripples through economies around the world - comes as Washington seeks to ramp up development finance in the face of China’s global ambitions.
Get Full Access for Ksh299/Week.
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.