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The World Bank has dismissed claims of secretly issuing loans to Kenya, stating that all financial agreements with the country are publicly available. Speaking in an interview with Nation Fm, World ...
The share of yuan loans in Kenya’s external debt increased after the Treasury converted three standard gauge railway (SGR) facilities from dollars to Chinese currency, reducing the dollar’s weight in ...
The jump in the overall disbursements means that Proparco increased the value size of the loans that were issued to Kenya’s private sector last year. French development agency Agence Française de ...
(The following statement was released by the rating agency)LONDON, May 15 (Fitch) The decision by the Kenyan government to extend the term of a maturing syndicated loan highlights the refinancing risk ...
Growth of 5.6% this year would exceed official forecasts Kenya and Japan sign yen-denominated loan deal at conference Japan strengthens ties with Africa, focusing on infrastructure ...
Nairobi — A new report has revealed a troubling spike in loan defaults across Kenya, with one in every six adult borrowers having failed to repay their loans in 2024. The findings, published in the ...
Eight banks shared the Ksh19.7 billion ($152.54 million) that the National Treasury tapped from the emergency kitty to pay a Kenya Airways (KQ) loan in January, new details from Parliament show. The ...
IN SHORT: Posts from these fake accounts demand an upfront "security fee", a common tactic used by scammers. The governor's official page does not advertise any loans. The Facebook accounts Mhesh ...
The National Treasury announced on Thursday that the money was raised through two loans, a seven-year facility at an interest rate of 7.875 percent and a 12-year loan at 8.8 percent. Together, this ...
The best indicator of an economy that is performing well is low levels of non-performing loans (NPLs). Although in the last one year, the gross loan portfolio grew by 0.6 per cent, NPLs grew by 6.6 ...