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Originally published by The Standard Business
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August 31, 2026
4h ago

Kenya's China debt drops 19pc as World Bank exposure surges to Sh1.7 trillion

Kenya's China debt drops 19pc as World Bank exposure surges to Sh1.7 trillion

Kenya's outstanding debt to China has fallen 19 per cent from its 2021 peak following a landmark currency conversion agreement...

✨ Key Highlights

Kenya's outstanding debt to China has decreased by 19% since its 2021 peak, while its exposure to the World Bank has significantly increased.

  • China's debt stock is now Sh616.8 billion as of June 2026, down from Sh764.2 billion in 2021.
  • The National Treasury provided the latest Public Debt Bulletin figures.
  • This shift reshapes Kenya's external creditor profile, with the World Bank's exposure nearly tripling China's current debt.

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