Kenya is set to surpass Ethiopia as East Africa’s biggest economy this year, according to the International Monetary Fund. We ...

Besides debt swaps for food security, Kenya has also been considering debt-for-nature or climate swaps to unlock funds for ...

The Central Bank of Kenya (CBK) is considering adding gold to its reserves to “diversify away from other currencies.” In ...

CBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...

This, in turn, increases vulnerability, weakens growth prospects and drives up borrowing costs, shrinking fiscal space even ...

President has to delicately balance repayment and providing services to the public without increasing tax burden.

Kenyans file constitutional petition challenging the executive's borrowing practices, alleging unconstitutional debt ...

A comprehensive schedule of political and diplomatic events globally, ranging from state visits and international summits to anniversary commemorations. Highlights include President Ruto’s visit to ...

Sub-Saharan African economies should work to increase their domestic revenue collection to avoid having to take on debt amid ...

The global rush by central banks and investors to buy gold has driven prices to record highs. Since early 2024, demand from ...

EM investors are not worried about any imminent default. Gabon has a $1.5bn 6.95% Eurobond maturing on June 16, but only $92m ...

So the only explanation apparent to us is that IMF staff projections during 2024 simply did not add up. They contained a ...