Kenya Lowers Key Interest Rate to 12% Amid Cooling Inflation
The Central Bank of Kenya (CBK) has reduced its key lending rate by 75 basis points, bringing it down to ...
Tag: #Kenya
IMF Lists Top 10 African Nations with Highest Debt Burdens
The International Monetary Fund (IMF) has released a report identifying ten African countries grappling with substantial debt burdens. These nations, ...
Kenyan Banks Face Higher Capital Requirements to Boost International Competitiveness
In a recent announcement, the Governor of the Central Bank of Kenya (CBK) revealed plans to raise the capital requirements ...
African Markets Dance to Different Inflation Beats: April 2024 Insights
In April 2024, African markets experienced distinct economic trends, marked by varying inflation rates across different countries. While Nigeria and ...
African Currencies Face Devaluation Amid Economic Challenges
A combination of economic and political factors has contributed to the weakening of several African currencies, including the naira in ...
IMF Approves $1 Billion Loan to Aid Kenya’s Economic Crisis and Climate Initiatives.
The International Monetary Fund (IMF) has stepped in to provide crucial financial assistance to Kenya, approving the disbursement of a ...
Nigeria, South Africa, and Kenya Top African Countries in Facing Online Threats.
A recent cyber threats report by cybersecurity firm Kaspersky has revealed that Nigeria, South Africa, and Kenya are the top ...
M-Kopa Raises $255 Million in Funding to Expand Financial Inclusion in Sub-Saharan Africa.
African financing platform M-Kopa has secured a significant amount of funding to support its expansion efforts in Sub-Saharan Africa. M-Kopa ...
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