The International Monetary Fund (IMF) states that African nations, including Kenya, will continue to seek loans due to high debt burdens and a scarcity of cheaper financing options. The IMF has provided nearly $69 billion (Ksh8.9 trillion) to the region since 2020 as overall African external debt climbed to over $650 billion (Ksh83.9 trillion).

• Kenya is currently in talks for a new financing program after abandoning the final disbursement of approximately $850 million (Ksh109.9 billion) from its previous $3.6 billion (Ksh465 billion) IMF programme.
• African leaders view IMF support as a financial backstop and a strategic tool to unlock broader funding options.
• Kenya's public debt stands at Ksh11 trillion, with Ksh5.09 trillion in external debt, and its debt level is 63 percent of its GDP.