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Govt Seeks to Limit Loans as Kenya Seals More China Deals

The new act wants to cap the public debt, and is apparently in line with regional trends. President Uhuru Kenyatta has signed three more trade agreements with China with a view to unlocking billions of shillings to fund phase two of the Standard Gauge Railway.

Kenya: Govt Eyes Railway Cash as it Seals 3 More Deals With China

Nation, 26 April 2019

Kenya has signed three more trade agreements with China with a view to unlocking billions of shillings to fund phase two of the Standard Gauge Railway. Read more »

Photo: The Presidency/Daily Nation

President Uhuru Kenyatta (left) greets Chinese President Xi Jinping at the Great Hall of the People in Beijing on April 25, 2019 ahead of the second Belt and Road Forum for International Cooperation.

Kenya: Bill Seeks to Restrict Foreign Loans By Kenyan Government

Capital FM, 25 April 2019

The Parliamentary Budget Office says a Bill seeking to compel the government to seek parliamentary approval before entering into any loan will allow MPs room to control public debt… Read more »
Kenya: Untamed Borrowing to Hurt Kenya's Debt Payment Plan

Nation, 25 April 2019

Kenya risks defaulting on its debt obligations in a decade if the current appetite for borrowing remains unchecked, a think tank has warned. Read more »
Kenya: Kenya's Rising Debt Could Benefit From a Return to Multi-Laterals

Capital FM, 24 April 2019

The Kenya Government should consider the multi-lateral approach of borrowing money since it allows room for renegotiation and flexibility. Read more »
Kenya: New Sh368bn Loan to Make Kenya's SGR the Most Costly

Nation, 24 April 2019

Kenya is shortly expected to sign a Sh368 billion loan for the construction of the Naivasha-Kisumu leg of the Standard Gauge Railway (SGR), bringing the total debt for the project… Read more »