Tag: Kenya

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Kenya appoints Citi, Standard Bank to study possibility of borrowing in international markets

Kenya has appointed Citi and Standard Bank as joint lead managers to assess the potential of borrowing in dollars in international markets, the finance...

IMF to increase Kenya programme by $650 mln, presidential adviser says

The International Monetary Fund has agreed to increase Kenya's lending programme by $650 million, the Kenyan president's chief economic adviser said on Tuesday. Sovereign debt...

Debt squeeze leaves sub-Saharan Africa’s governments in fiscal bind

 The International Monetary Fund (IMF) urged sub-Saharan African policymakers last week to cut costly fuel subsidies and raise more in taxes, measures that may...

Kenya to seek $1 bln loan from China, longer repayment period

Kenya's President William Ruto will ask China for a $1 billion loan to complete stalled road construction projects when he travels to Beijing later...

Kenya picks Citi and Standard Bank to advise on maturing $2 billion Eurobond

Kenya's government has picked Citi and South Africa's Standard Group to advise it on how to handle a $2 billion Eurobond that is maturing...

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Gold Fields eyes rapid ramp-up at new Chile mine, lifts output forecast

South Africa's Gold Fields (GFIJ.J), opens new tab on Thursday raised...

Emerging economies must grow ‘much faster’ to repay debt, says World Bank

The World Bank warned that high borrowing costs have...

Ghana’s LNG project on target for year-end completion, regulator says

Ghana’s top oil regulator expects the country’s long-delayed natural...

Oil hovers near 3-week high on Middle East tensions, China demand

Oil prices edged lower on Tuesday but remained near...

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