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Ivory Coast bond sale gives Kenya hope of more Eurobonds market

The West African country raised $8 billion from more than 400 investors, which signalled rising confidence in African countries’ sovereign debts.

Nairobi areaNjuguna ndunguIvoire eurobondRazia khanInternational monetary fundStandard chartered plcIvory coastMiddle eastCabinet secretary njuguna ndung uIvory coast eurobond saleKenya debtKenya eurobondWilliam rutoKenya external debts

Lopsided global financial system leaves many African states in debt distress

As Ethiopia’s default this month indicates, African countries will continue to face severe financial pressures in debt repayments.

Sri lankaAddis ababaJames gathiiChenai mukumbaInternational debtBank international debtLoyola university chicago school of lawOrganisation for economic cooperationWorld bankWorld bank international development associationTax justice network africaInternational debt reportProf james gathiiInternational development associationLoyola university chicago schoolEconomic cooperation

Treasury mulls tapping foreign commercial debt

In the current fiscal year, the stated target for commercial loans is Sh175.1 billion, but this has proved hard to achieve due to unfriendly financing conditions externally.

Development bankWorld bankFederal reserveNational treasuryInternational monetary fundPolicy statementKenya debtKenya national treasuryDraft 2024 budget policy statementTrade and development bankKenya eurobond

Kenya out of debt distress , Ruto says

He did not provide any figures on the current levels of debt but said Kenya's GDP had grown by 5.4 percent in the last six months.

United kingdomNairobi areaWilliam rutoUhuru kenyattaIndependence dayJamhuri dayUhuru gardensKenya debt crisisKenya debtKenya taxesKenya economyKenya cost of livingKenya external debt

Kenya debt interest payments rise $1 6bn on weak shilling

Rising interest rates on domestic debt will also contribute to the increase in interest payments.

Churchill ogutuUhuru kenyattaMargaret nyakangoWilliam rutoStandard investment bankEnic groupKenya kwanzaOutlook paperBudget margaretStellar swakeiStandard investmentPresident william rutoKenya debtKenya loan repaymentsKenya treasuryBudget review and outlook paper

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