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
- Niger: AfDB grants a $144 million loan to strengthen access to energy and economic competitiveness
- Air transport: IATA sets course for annual growth of 4.1% by 2044 in Africa
- Tanzania bans foreigners from accessing a series of functions
- Nigeria: NEM Insurance crosses the billion-dollar mark in assets in the first half of 2025
- Egypt launches a strategic textile project in the Suez Canal Economic Zone
- Gewan Africa for the revival of Air Guinea
- Central African Republic: Bangui hosts the African Caucus of the IMF and World Bank
- In the face of climate shocks, Ethiopia deploys a new generation agricultural insurance
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