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Tag: TRADE AND DEVELOPMENT BANK

Companies

Kenya Seeks New IMF Funding After Dropping Existing $800 Million Deal

March 17, 2025March 17, 2025 - by Sofia Nawab - Leave a Comment

The Government of Kenya is seeking a new IMF funding program after opting not to complete the review of an existing facility worth Ksh103.4 billion. The current $3.6 billion program …

Kenya Seeks New IMF Funding After Dropping Existing $800 Million Deal Read More
Business / Companies / economics

Kenya Pursues New IMF Funding Program Amid Financial Challenges

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

Kenya has sought a new funding program from the IMF after discontinuing the final review of an existing agreement to access $800 million. The current program concludes on April 1, …

Kenya Pursues New IMF Funding Program Amid Financial Challenges Read More
Companies

Kenya Faces Ksh.161 Billion Debt Obligation by October, Says CS Mbadi

February 27, 2025February 27, 2025 - by Allegra Nguyen - Leave a Comment

Kenya is obligated to repay Ksh.161 billion in debt by October, including Ksh.116 billion from Eurobonds and Ksh.952 million from syndicated loans. Immediate payments totaling Ksh.123 billion are due, while …

Kenya Faces Ksh.161 Billion Debt Obligation by October, Says CS Mbadi Read More
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