Debt

Treasury Buys Back Eurobonds to Ease Repayment Pressure

Kenya’s National Treasury has bought back part of its 2028 and 2032 Eurobonds in a move aimed at reducing pressure…

4 months ago

Azimio Questions Suspicious Borrowing by Kenya Kwanza Administration

The Umoja Coalition, led by Raila Odinga, has raised concerns about the borrowing activities of the Kenya Kwanza administration. In…

3 years ago

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. The current estimate puts…

3 years ago

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 his predecessor did, upending…

3 years ago

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 34% in 2023–2024 from…

3 years ago

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 billion due to the…

3 years ago

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 to pay off part…

3 years ago

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 Management Office (DMO). In…

4 years ago

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 China, its main creditor.…

4 years ago