Kenya’s Mombasa port risks Chinese takeover

China is likely to takeover Kenya’s port of Mombasa if the East African country defaults on loans from China’s Exim Bank. That’s the warning from Kenya’s Auditor General in a report authored for him by F.T. Kimani. Africafeeds.com understands the port has been used as collateral as part of terms for the $2.3 billion loan … Continue reading Kenya’s Mombasa port risks Chinese takeover