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#foreign loans

Latest stories tagged “foreign loans”

NNairobi Wire·60d ago

President William Ruto has highlighted the challenging conditions African nations face when obtaining loans from foreign lenders, stating that these lenders often impose their own agendas, including demands for specific sexuality laws. Speaking at a State House dinner in Nairobi for members of the Africa Trade and Investment Development Insurance (ATIDI), Ruto emphasized that the reliance on foreign loans stems from a lack of pooled financial resources for local projects.

William Rutoforeign loansAfrica
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Politics

President William Ruto has highlighted the challenging conditions African nations face when obtaining loans from foreign lenders, stating that these lenders often impose their own agendas, including demands for specific sexuality laws. Speaking at a State House dinner in Nairobi for members of the Africa Trade and Investment Development Insurance (ATIDI), Ruto emphasized that the reliance on foreign loans stems from a lack of pooled financial resources for local projects.

NNairobi Wire·60d ago
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