debt

Kenya has successfully issued a new Eurobond worth $1.5 billion to pay off its maturing debt and ease market concerns about its ability to service its obligations. The East African …

Kenya has made a bold move to avoid a possible default on its debt by issuing a new international bond with a high interest rate of 10.375%. The bond, which …

Kenya is planning to sell a seven-year Eurobond at a yield of around 11%, which is higher than any other issue on the continent so far this year, according to …

Zambia’s Foreign Minister Stanley Kakubo has resigned from his post after a video of him allegedly counting stacks of cash with a purported Chinese businessman sparked a public outcry and …

Zambia, one of Africa’s largest copper producers, has received a $187 million loan from the International Monetary Fund (IMF) to support its economic recovery and debt sustainability. The loan is …

Kenya’s President William Ruto is expected to ask China for a $1 billion loan to complete stalled road projects when he visits Beijing later this month, his deputy said on …