Kenya's successful conversion of Chinese loans from US dollars to Chinese yuan to lower borrowing costs has generated significant interest from at least five other countries, including Ethiopia, Mozambique, Zambia, Pakistan, and Indonesia, according to a study by AidData.

• Kenya reportedly saved $215 million (Sh27.8 billion) annually after converting three railway loans from US dollars to yuan with extended maturities and grace periods.
• The move aligns with China Eximbank's strategy to promote the international use of the renminbi (yuan) in cross-border lending.
• Ethiopia is identified as a prime candidate to benefit from similar debt restructuring, potentially saving between $169 million (Sh21.9 billion) and $778 million (Sh100.7 billion).