Kenya's debt crisis deepens as Treasury secures fresh Sh193.8b Eurobond

Kenya has secured a new $1.5 billion (Sh193.5 billion) Eurobond, despite warnings from economists that this strategy of borrowing to repay old debts could exacerbate the nation's financial woes rather than resolve them. The National Treasury announced the successful issuance, framing it as a demonstration of smarter debt management.

Govt Secures Ksh193 Billion Loan, Uses Part to Pay Eurobond

The Kenyan government has secured a USD1.5 billion (Ksh193.8 billion) loan from international investors, utilizing USD1 billion (Ksh129.24 billion) to pre-pay a portion of the 2028 Eurobond.

Kenya faces sobering debt crisis reality after Eurobond high

Kenya is grappling with the harsh reality of a debt crisis, particularly in the aftermath of its Eurobond issuance. This situation highlights significant financial challenges for the nation.

Kenya's IMF debt hits record KES 462 billion in 2025

Crowd Erupts as Ruto Secures Ksh1 Million Bull After Earlier Bid Defeats

President William Ruto of Kenya grabbed headlines at a livestock auction in Mombasa on September 4, securing a bull for a staggering Ksh1 million after initially being outbid in earlier rounds. The event showcased a spirited bidding war among prominent Kenyan leaders.

World Bank Warns African Nations After Kenya’s Ksh250 Billion Debt Rollover

The World Bank has issued a warning to African nations regarding their debt management practices, specifically highlighting Kenya's recent Ksh254 billion Eurobond buyback. While Kenya successfully repaid the maturing debt, the World Bank categorised this as a costly 'debt rollover' due to the need for a new loan at a significantly higher interest rate.