Kenya has settled the balance of $556.97 million of the 2014 Eurobond that was maturing in June 2024, using a part of the proceeds of a $1.2 billion World Bank loan. The Central Bank of Kenya has said in its latest weekly briefing that the move has pushed the reserves above the four-month statutory requirement...
Trending
- Kenya loses $15.5 million after BAT shutdown operations in Sudan amid civil war
- Africa climate venture firm Equator closes $55 million fund
- Operational Excellence – Congo Terminal organises the 1st regional Kaizen, bringing together teams from 7 terminals
- East African Community (EAC) Faces Funding Crisis as Most Member Countries Struggle with Arrears
- Rising retirement contributions hit Kenyans February payslips
- CGF Bourse Honored in the Order of Recognition of the African Guarantee and Economic Cooperation Fund (FAGACE) and Elevated to the Rank of Commander by the Board of Governors
- Trafficked Kenyans in Myanmar rescued
- Moody’s Upgrades African Banking Sector Outlooks, Kenya and WAEMU Stabilize; Egypt and Nigeria Gain Momentum