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Originally published by Kenyans
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September 9, 2026
2h ago

Kenya Moves to Change How It Borrows Money Amid Rising Debt

Kenya Moves to Change How It Borrows Money Amid Rising Debt

This comes after Kenya's total public debt crossed the Ksh13 trillion mark for the first time, driven by sustained domestic and external borrowing...

✨ Key Highlights

Kenya is poised to be included in a new frontier-market local-currency debt index being developed by JPMorgan, aiming to boost international investor access to such markets.

  • Kenya is expected to be listed alongside Nigeria and Angola in the index.
  • The global banking giant, JPMorgan, is leading the initiative to expand its coverage of government bond markets.
  • This inclusion could significantly increase the visibility of Kenya's local-currency debt among global investors, aiding in financing public expenditure.

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