The government still has choices for raising external debt and can borrow cheaply from its liquid local markets
The ratings company said it expects Kenya will attract higher interest rates when it sells a second Eurobond
The value of mobile-money transactions grew by 29% to 5.29 trillion shillings, while M-Pesa revenue surged 27% to 41.5 billion shillings
“This is not the moment to think about expansion. You’d almost be insane to think of setting up in those countries" - CEO James Mwangi
Barring a Brexit, the governor was more optimistic about the prospects for the East African nation’s $61 billion economy
Tanzania and Kenya have for years courted Uganda for the billion-dollar pipe, but Magufuli goes home with bride after Nairobi offers only a dream.
The question remains whether bank will be re-opened successfully
Two years after big praise, some of Africa’s former brightest economic stars are seeking bailouts. What went wrong?
With easy money all around, insufficient attention was paid to the quality of economic policy-making
The country’s stock market index posted best week in three years on a stable growth outlook as rivals falter
New law gives 70% of mining revenues to the central government, 20% to county governments and 10% to the local communities
Africa's foreign debt pain: Rich returns but few buyers, and why Ghana, Zambia, Angola may just be turned away
Risk-averse investors shying away from African debt despite high interest rates, leaving many countries wondering what to do.
If adopted decision would benefit major exporters such as South Africa and big multinationals such as Monsanto
The so-called Standard Gauge Railway Project is Kenya’s biggest investment in infrastructure since it gained independence from Britain in 1963.
President Kenyatta “does seem to be committed, rhetorically, to doing something about [corruption]".
Poor economic growth outlooks come at a price, as the two countries are this week finding out.
UPDATED: Under-fire Kenya president declares corruption threat to national security; nominates new anti-graft chief
Nearly a third of Uhuru Kenyatta's Cabinet is in the cold, as concern swells over damage to economic prospects.
The bank also removed limits on interest rates commercial lenders can charge--meaning borrowers in the country could soon be sweating heavily.
The one mistake a lot of the countries on the continent are making is taking on so much debt in dollars.
South Africa invests more in the continent than China does, but it hit surprising headwinds in some markets - but it seems to have learnt.