China, Kenya sign deals worth $5bn | The BRICS Post

China says it will also increase imports from Kenya to balance the trade deficit.

GIBS Information Centre / GIBSIC‘s insight:

China – Kenya

“British officials had warned before the election that it would have only “essential contact” with Kenyatta if he was voted into power.   “Choices have consequences,” warned US Secretary for African Affairs Johnnie Carson in reference to Kenyatta before Kenyans went to vote in the crucial elections.   –   East-Africa’s biggest economy recently discovered large reserves of oil and gas, and according to the International Monetary Fund (IMF), the country’s GDP will grow at 5.6 per cent in this year.”

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