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.
Source: theeastafrican.co.ke
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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.
Source: theeastafrican.co.ke
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.
Source: nation.africa
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.
Source: theeastafrican.co.ke
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.
Source: theeastafrican.co.ke