Chinese loans pushing Kenya’s debt to unsustainable levels, World Bank warns

Kenya’s debt to China outpaces the rest (2015)

The World Bank has warned that Kenya’s level of borrowing from China could be close to unsustainable.

The caution from the US-based international lender that provides loans to developing countries, is contained in a policy paper on Kenya. “Kenya still has a heavy debt burden and China’s loans can bring debt to unsustainable levels,” the Bretton Woods Institution says of the country’s appetite for loans from the Asian economic giant.