Kenya and Ethiopia are among the most indebted countries in East Africa. Analysis of data from the International Monetary Fund (IMF) shows Kenya ranked second behind Egypt on high debt levels. Several other African countries grappling with mounting debts to the IMF are Ethiopia, Angola, Senegal, Cameroon and South Africa. These debts from the IMF…...
Trending
- S&P upgrades Nigeria’s outlook to positive, ‘B-/B’ rating confirmed
- S&P confirms Rwanda’s rating at ‘B+/B’, outlook stable
- Breaking News – Ivory Coast: S&P confirms ‘BB/B’ rating, stable outlook
- Senegal: S&P downgrades foreign currency sovereign rating to ‘CCC+’ and places the country under CreditWatch
- Morocco: in Dakhla, the Atlantic-African axis asserts itself as a major geostrategic axis
- Shanghai Agreements: How Guinea Negotiated this Historic Turning Point for Simandou
- [Opinion] The worst is never certain
- Without energy, African digital will remain a mirage
East Africa: Kenya and Ethiopia lead most indebted countries
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