Kenya has deferred $682.2 million in funding expected from the International Monetary Fund (IMF) under the ninth review to the next fiscal year. This indicates plans to enter a new financing agreement with the multilateral lender once the current one expires in April. The National Treasury has disclosed in the latest Budget Policy Statement for…...
Trending
- Afriland First Group denies rumors surrounding Afriland First Bank CD
- Investing in the Stock Exchange in Abidjan, Casablanca, or Nairobi? Response from a small investor
- Nigeria: Government reserves road projects under 13 million USD for local companies
- Old Mutual suffers a loss of USD 119 million in Zimbabwe
- Mali: “Sovereigntist” Goïta creates a national reinsurance company
- Algeria creates a fund to support African startups
- Nigeria: Greenus Capital raises $23 million to boost Johnvents Industries
- Burkina Faso: abolition of visa fees for all Africans
Kenya defers $682 million IMF funding
William Ruto, president of Kenya ©DR
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