The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.

On the development ladder, East Africa’s climb is emerging—but uneven. Kenya leads as the only country in the bloc recognised ...

Kenya will cap its fiscal deficit at 4.5% of GDP in 2025/26, down from 5.1% the previous year, and revise its initial budget ...

CBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...

Kenya has demonstrated relative macroeconomic resilience. The Kenyan shilling appreciated by 21% in 2024, becoming the ...

Will MCC be shuttered, will it be merged with DFC, or will it be spared? We have the latest on DOGE's targeting of the U.S.

Angola will use its chairmanship of the African Union this year to advance the creation of a continental financial stability ...

The IMF has revised Kenya's 2025 economic growth forecast downward to 4.8%, citing the global economic turbulence triggered ...

Kenya is projected to surpass Ethiopia as East Africa's largest economy in 2025, according to new data from the International Monetary Fund. The IMF forecasts Kenya's GDP will reach $132 billion next ...

The East African nation is on track to become the region's largest economy after its neighbour's currency was devalued.

The IMF projects that Kenya’s GDP will grow by 4.8 percent in 2025, which would be 0.2 percentage points lower than the five ...