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"China and Kenya engage at government level," he says. "We would like this to trickle down to the private sector, where we believe we will see accelerated growth and transfer between citizens."

"By then, we will be one of the world's top 30 container ports," he said.

"China has not yet launched a unified framework for regulating systemically important financial infrastructure, but efforts are being made toward this direction," said Yin Zhentao, a researcher at the Chinese Academy of Social Sciences' Institute of Finance and Banking.

"China is a country that has suffered colonialism by Japan as well as the British, so, it cannot be associated with new colonialism. This allegation is not coming from Africans or their leaders but elsewhere. It's not a correct narrative," Oqubay said.

"But the space on the monetary side is limited as we need to stick to efforts to promote deleveraging moves, while room for fiscal expansion remains ample - more tax cut policies can help to soothe economic concerns, in particular value-added tax," he said.