The IMF has revised Kenya's 2025 economic growth forecast downward to 4.8%, citing the global economic turbulence triggered ...

Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the ...

Kenya is seeking realistic targets in a new program with the International Monetary Fund, according to a top government ...

Treasury Cabinet Secretary John Mbadi said that gaps that may have hindered access to the loan had been resolved.

Kenya is set to receive the first instalment of the KSh 194 billion loan from the United Arab Emirates (UAE). Nairobi turned ...

UAE loan was negotiated last year at a rate of 8.25 percent, as the government sought to widen its external financing options ...

Kenya has set a three-year roadmap (July 1, 2024 to June 30, 2027) to consolidate all government assets and liabilities into ...

(Bloomberg) -- Kenya is considering adding gold to its reserves to diversify its foreign exchange holdings beyond the US dollar and other currencies, according to the country’s central bank governor.

Kenya’s economy is set to surpass Ethiopia’s to become East Africa’s largest this year, the International Monetary Fund said, ...

Following the devaluation of Ethiopia's currency, Kenya is on course to surpass Ethiopia as the region's largest economy by ...

Despite the new development, concern is still rife as global factors threaten to stifle projected development.