The International Monetary Fund and Kenya reached a preliminary agreement to unlock about $1.1 billion. The funding is under the existing…
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The latest business and financial market news and analysis from East Africa and the Continent.
Kenya’s central bank, the Central Bank of Kenya (CBK), opted to maintain its benchmark lending rate at 13.0% on Wednesday.…
Kenya is committing US$100 million to increase its ownership stake in three key African financial institutions: the African Development Bank…
Kenya’s year-on-year inflation rate edged up to 5.1% in May 2024, from 5.0% in April 2024. The rise in inflation…
Kenya’s job market generated a net gain of at least 848,200 new jobs in 2023, according to the Kenya Economic Survey…
Kenya’s export earnings surged by 15.4% in 2023, reaching a record-breaking KSh1 trillion for the first time. Data from the 2024…