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Why foreign investors are tightening purse strings against Kenya

Significant reduction in the flow of money from outside is mainly attributed to central banks in advanced economies raising interest rates to slow down inflation.

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Kenya Eurobond yields in mixed performance

Kenya Eurobond yields in mixed performance
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Eurobonds yields rise on Covid, political jitters

Eurobonds yields rise on Covid, political jitters
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Kenya to Borrow $12 4 Billion Abroad by June 2022, IMF Says

Kenya to Borrow $12.4 Billion Abroad by June 2022, IMF Says Bloomberg 3 hrs ago David Herbling © Bloomberg Street vendors sell second-hand clothing on a shopping street in downtown Nairobi, Kenya, on Saturday, Dec. 5, 2020. Kenya is seeking a loan of as much as $2.3 billion from the International Monetary Fund under the lender’s extended fund facility. (Bloomberg) Kenya plans to borrow $12.4 billion between now and June 2022 from foreign sources, the International Monetary Fund said in a report detailing terms and conditions of a separate $2.34 billion financing package approved by its board last week. The amount includes $7.3 billion in Eurobonds, $4.8 billion in concessionary borrowing and $282 million semi-concessional loans, the IMF said in a report on its website. About $2.3 billion of the Eurobonds will be new borrowing to be spent on infrastructure projects, while $5 billion is refinancing for a Eurobond maturing in 2024 and to retire price

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