Article
A Tale Of Two Cities: Foreign Lending In Nairobi And Kampala
East Africa's infrastructure and development sectors face a critical capital shortage that foreign lenders could address—but only if the legal framework supports cross-border lending. Recent court decisions in Kenya and Uganda have grappled with a fundamental question: can local borrowers defeat foreign lenders' claims by pointing to registration failures? This analysis examines how both jurisdictions navigated this issue, the contrasting speeds of their legal corrections, and what these developments
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