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Kenya licenses 19 more digital money lenders

It is the fourth round of licence issuances since Kenya's central bank started okaying DCPs in October 2022, after the six-month mandatory registration window expired.

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IMF approves $685m new funding to Kenya

Approval follows the completion of the sixth reviews of Kenya's multi-year arrangement with the fund.

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Kenya makes U-turn on early Sh47bn Eurobond payment

This marks a U-turn from the hard stop of December 31, 2023 for a $300 million buyback that was announced by President Ruto.

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World Bank reveals new $12bn loan for Kenya

The global lender has mobilised the funds through its sister funding agencies as loans and equity investments into Kenyan firms.

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Kenya paid Sh2bn for loans it never got, says Nyakang'o

There is need to find out where money paid as commitment fees went, MP says.

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Kenya taps Sh354bn in 18 external loans in year ended June

Kenya’s external debt has grown to a record Sh5.71 trillion by June.

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Kenya's World Bank debt crosses $9.9bn - The East African

The Treasury estimates that the total debt service costs for the current financial year will increase to a record $10.8 billion.

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State expects Sh250bn cash inflows over three months to June

Among inflows the government is currently expecting is a $1 billion (about Sh132 billion) from the World Bank

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Debt burden on expensive loans leaves Kenya in a financial mess

Data from the Parliamentary Budget Office indicates that Kenya’s debt stock is projected to hit Sh9.8 trillion by June next year.

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Weakening shilling pushes up Kenya's debt by $4.1b

The shilling continues to present a challenge in servicing external debts and importation of goods by businesses.

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