Kenya’s Central Bank has opted to maintain its benchmark interest rate at a 12-year high. The Monetary Policy Committee, led by Governor Kamau Thugge, announced on...
New funding pledges of nearly $900 million ahead of a Eurobond repayment deadline are failing to defend Kenya’s shilling from fresh lows, with analysts forecasting further...
Kenya abandoned a plan to buy back a portion of a $2 billion eurobond, sidestepping a potential default on the terms of the debt, which mature in...
Estonian ride-hailing giant Bolt has taken decisive action in Kenya by removing more than 5,000 drivers from its platform over the past six months. This move...
As leaders gather in Nairobi for Africa’s historic first climate summit, Kenyan President William Ruto is using the platform to outline his vision for how the...
Goldman Sachs Group Inc. has hailed the recent changes to the monetary policy framework by the Central Bank of Kenya as a “credit-positive” move that is...
Under the Extended Fund Facility and Expanded Credit Facility, Kenya has received a substantial disbursement of $415 million.
The remaining $35 million is being financed through Banque pour le Commerce et l'Industrie Mer Rouge (BCIMR) of Djibouti.
Kenyan High Court has ordered the freezing of 45 bank accounts and 10 mobile money wallets belonging to Flutterwave Payments Technology, a prominent Nigerian-owned financial technology...
Kenyan startup Sendy has announced that it is shutting down ‘Sendy supply’, one of its products that enable easy trade between buyers and sellers within the...