Kenya is set to receive $606 million from the International Monetary Fund (IMF) as part of the seventh and eighth reviews under the Extended Fund Facility (EFF) and the Extended Credit Facility (ECF) arrangements. In a statement on Wednesday, the IMF said the funds will support the authorities’ efforts to rebuild fiscal and external buffers,…...
Trending
- Mali raises 53.673 billion CFA francs on the UMOA financial market
- UMOA financial market: 33 billion CFA francs in the coffers of the Beninese Public Treasury
- Ghana: Central Bank cuts its key rate to 14%, exceeding market expectations
- Senegal: Commercial court rules in favor of ACEP against businessman Jean Serge Hounkalim Dossou
- Adenia Partners closes a $180 million fund
- Ivory Coast: Coffee-Cocoa interprofessional organization reports a residual stock of around 60,000 tons
- Egypt 2035: Foundations of continental leadership in the construction sector
- Morocco: inflation slows to -0.6% year-on-year in February 2026
IMF approves $606 million loan to Kenya
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com