A $1.5 billion loan that Kenya is discussing with the United Arab Emirates is a commercial one with an 8.25% interest rate and a seven-year tenor, Kenya’s Finance Minister John Mbadi said on Wednesday.
Kenya in talks for a $1.5 bln commercial loan with UAE, finance minister says
A $1.5 billion loan that Kenya is discussing with the United Arab Emirates is a commercial one with an 8.25% interest rate and a seven-year tenor, Kenya’s Finance Minister John Mbadi said on Wednesday.