Kenya loans Stories

According to Afreximbank's 2025 report on the state of debt burdens, a major external influence behind this shift is the changing economic policy envi...

The CS pointed to the misuse of short-term loans to fund long-term projects as one of the key mistakes that plunged the country into its current econo...

Legislators questioned the Treasury’s commitment to reducing public debt and adhering to its own policies.

These loans, arguably, help the country address challenges such as budget deficits, maintaining public debt sustainability and alleviating foreign exc...

In its latest assessment of the 2025/26 budget proposals, the PBO called for urgent measures to ensure the efficient use of borrowed funds.

The committee's task includes identifying viable PPP projects, such as the expansion of the Jomo Kenyatta International Airport airfield.

Gathungu pointed out that her office was unable to obtain all the necessary documents to link the borrowed funds to specific projects.

This funding will enhance the government's reserves, which are expected to reach $1.9 billion (Sh245 billion) by the end of the year.

The report, presented on October 1, reveals that the loans were sourced from both multilateral and bilateral lenders.

The loans were signed between April 24, 2017 and December 15, 2022.