The Umoja Coalition, led by Raila Odinga, has raised concerns about the borrowing activities of the…
Tag: Debt
The Burden of Debt: Kenya’s Shrinking Borrowing Window
The government is facing significant pressure to repay its debts while its borrowing options are shrinking.…
Ruto Gathers More Debt In The First Six Months Than Uhuru
In its first six months in office, President William Ruto’s administration borrowed Sh17.4 billion more than…
Kenya Asks The IMF To Waive Its Debt
Due to significant short-term debt obligations and predicted income collection that is expected to increase by…
Kenya’s external Debt Increased By Sh351 Billion Due To The Weak Shilling
Since the start of the year, Kenya’s foreign currency obligations have increased by at least Sh350.6…
Kenya Faces Debt Repayment Difficulties As Foreign Exchange Reserves Fall
Kenyans are staring at difficult economic times ahead as government moves to ramp up revenue collection…
Nigeria’s Debt Now Stands At N44.06 trillion
Nigeria’s entire debt stock climbed to N44.06 trillion as of September 2022, according to the Debt…
Angola Expedites Repayment Of Its US$18 Billion Loan To China
Angola is using rising oil prices to expedite debt payback plans and smooth out payments to…