The analysts opined that they did not expect the new funded programme to be politically acceptable or credible, especially if ...

Kenya’s quest to secure new funding from the International Monetary Fund will likely be drawn out as both sides need to ...

The move could set a new precedent, reducing Nairobi's reliance on US currency while meeting Beijing's goal of increased ...

IMF has made governance reforms and anti-corruption measures a cornerstone of its future financial support to Kenya.

S&P has cut Kenya’s credit rating to B- after the Finance Bill repeal deepened concerns over debt and fiscal stability.

Kenya plans to scale back its reliance on traditional foreign borrowing in the 2025/26 budget, instead turning to Asian lenders and a diversified bond market to fill the gap left by the absence of an ...

African countries, led by Egypt, Côte d'Ivoire, Kenya, and Angola, are among the top global borrowers, owing billions to the International Monetary Fund (IMF).

The IMF approved the disbursement of US$739 million to be drawn under the Rapid Credit Facility to support the authorities’ response to the COVID-19 pandemic; The COVID-19 pandemic is taking a ...

Kenya is likely to default or face problems servicing its ballooning debt due to Covid-19 pandemic, a new report by International Monetary Fund (IMF) has shown. In its latest country assessment ...

Kenya’s quest to secure new funding from the International Monetary Fund (IMF) will likely be drawn out as both sides need to ...