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
- Banks: 10.01% increase in BOA Senegal’s profit in the third quarter of 2025
- Rating: Bloomfield maintains unchanged long and short term ratings of BOA Niger
- AfDB brings African Stock Exchanges together to redesign the continent’s financial architecture
- Amadou Kane appointed president of CESEMAF to revitalize the Senegal-Morocco Dakar axis
- Crypto crime: $2.5 billion stolen in 2025 (record)
- UMOA-Titres: Guinea Bissau raises 8 billion CFA francs under limited conditions
- BIDC grants a 50 million euro credit line to AFG Holding to boost the private sector in the ECOWAS region
- Gabon: the shocking trial of Sylvia, Noureddin and the Young Team
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