Chinese investments key to stabilizing Kenyan economy: bank executives

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Chinese investments key to stabilizing Kenyan economy: bank executives

STORY: Chinese investments key to stabilizing Kenyan economy: bank executives DATELINE: April 21, 2023 LENGTH: 00:01:47 LOCATION: Nairobi CATEGORY: ECONOMY SHOTLIST: 1. various of the views in Kenya 2. various of the views at Absa China Day event 3. SOUNDBITE 1 (English): ANTONY MULISA, East Africa regional treasurer at Absa Bank 4. various of the views in Kenya 5. SOUNDBITE 2 (English): ANTONY MULISA, East Africa regional treasurer at Absa Bank STORYLINE: Sustained capital flows and trade with China will be crucial to stabilizing the Kenyan economy amid headwinds linked to geopolitical tensions, global inflation, and high public debt. That's according to senior executives from Absa Bank, during the Absa China Day held in Nairobi, the Kenyan capital. Antony Mulisa, East Africa regional treasurer at the bank, stressed that Kenya should leverage Chinese investments and enhance trade with the Asian nation to inject fresh vitality into the economy and spread prosperity to all citizens. SOUNDBITE 1 (English)

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