Will Kenya restructure its debt obligations with China in 2024?
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This market is part of the Humans v Bots Battle 2024, where AI forecasters will duke it out on the most important world questions of 2024. Can you beat the bots and snag part of the 250,000 Mana (~$2.5k) prize?
Kenya faces a potential debt repayment crunch in 2024 due to a significant Eurobond redemption. This raises the possibility of restructuring to avoid default. China is Kenya's largest bilateral creditor, holding about $6.83 billion of its debt, primarily due to the Standard Gauge Railway project.
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