Kenya leads African push for home-grown capital amid debt burden

Kenya is looking to deepen its capital markets and attract more domestic and regional investment into infrastructure and businesses as African countries seek alternatives to external borrowing...

✨ Key Highlights

Kenya is spearheading an African initiative to bolster domestic capital markets and attract regional investment as a strategy to reduce reliance on external borrowing amid significant debt burdens.

Kenya's public debt stands at approximately Sh12 trillion, with a debt-to-GDP ratio around 69.5 percent.
Key figures include Prime Cabinet Secretary Musalia Mudavadi and the newly appointed chief executive of the National Infrastructure Fund, Dr. James Mworia.
The inaugural Africa Capital Week in Nairobi convened over 500 delegates to explore deepening capital markets for economic sovereignty.

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