Kenya has successfully converted Chinese loans from US dollars to Chinese yuan to lower borrowing costs, generating significant interest from at least five other countries including Ethiopia, Mozambique, Zambia, Pakistan, and Indonesia, according to a study by AidData. The conversion represents a strategic financial move by Kenya to reduce its debt servicing costs. In a separate development related to Kenya's international financial arrangements, the government awarded a Sh154 billion contract to Chinese firm CRBC for JKIA expansion. However, a petition challenging the procurement process for this airport expansion has been filed, with the Attorney-General now seeking dismissal of the case in High Court.








