Kenya to seek $1 bln loan from China, longer repayment period

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A view shows the Jomo Kenyatta International Airport toll station on the Nairobi Expressway undertaken by the China Road and Bridge Corporation (CRBC) on a public-private partnership (PPP) basis, along Mombasa road in Embakasi district of Nairobi, Kenya May 7, 2023. REUTERS/Thomas Mukoya/File Photo Acquire Licensing Rights NAIROBI, Oct 6 (Reuters) - Kenya's President William Ruto will ask China for a $1 billion loan to complete stalled road construction projects when he travels to Beijing later this month, his deputy said on Friday. Ruto's plan, which also includes a request to lengthen the maturity periods of existing loans, marks a...