How Africa borrows from China : and why Mombasa port is not collateral for Kenya's standard gauge railway

As a middle-income country, Kenya is moving beyond the world of foreign aid. China Eximbank operates like a commercial bank. Understanding this world requires new tools and language. Chinese loan contracts allow disclosure when required by borrowers’ laws. Kenya's Constitution is ambiguous on this point. Parliament might consider legislation requiring loan contracts to be routinely published in a government gazette Understanding how complex, international commercial loan contracts work is a daunting, but necessary, step for civil society, researchers, and media professionals who want to understand how China lends.