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Tag: DUNCAN MIRIRI

Companies

IMF Receives Formal Request for New Financing Programme from Kenya

March 17, 2025March 17, 2025 - by Liam Nguyen - Leave a Comment

The IMF has received a formal request from Kenyan authorities for a new financing programme, as the current extended fund reviews will not continue. Finance Minister John Mbadi highlighted the …

IMF Receives Formal Request for New Financing Programme from Kenya Read More
economics

Mozambique’s Dollar Bond Increases Following U.S. LNG Loan Approval

March 14, 2025March 14, 2025 - by Liam Nguyen - Leave a Comment

Mozambique’s dollar bond rose over 2 cents after the U.S. cleared a $5 billion LNG loan, deemed vital for the country’s economy. This increase reflects investor confidence amid economic stress …

Mozambique’s Dollar Bond Increases Following U.S. LNG Loan Approval Read More
Companies

Mozambique’s Dollar Bond Rises Following U.S. Approval of $5 Billion Loan

March 14, 2025March 14, 2025 - by Allegra Nguyen - Leave a Comment

Mozambique’s dollar bond increased nearly 2 cents after the U.S. approved a delayed $5 billion loan for an LNG project. The bond, maturing in 2031, was bid at 80.94 cents …

Mozambique’s Dollar Bond Rises Following U.S. Approval of $5 Billion Loan Read More
Companies

Kenya Delays Drawdown on $1.5 Billion UAE Loan to Align with Fiscal Plans

February 28, 2025February 28, 2025 - by Liam Nguyen - Leave a Comment

Kenya will delay accessing a $1.5 billion loan from the UAE to align with its budget. Finance Minister John Mbadi indicated that ongoing negotiations with the IMF are a priority …

Kenya Delays Drawdown on $1.5 Billion UAE Loan to Align with Fiscal Plans Read More
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