As China debt looms, Kenya president seeks more diverse funding

Ruto inks deal with Japan on samurai bond amid diplomatic blitz

20240212N William Ruto

Kenyan President William Ruto spoke with Nikkei on Feb. 9 during a visit to Japan. (Photo by Koji Uema)

KANA WATANABE, Nikkei staff writer

TOKYO -- Kenya wants to broaden its development financing avenues, President William Ruto says as the African nation faces big debt repayments to China, adding "overreliance on one market is not good for any country."

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