Kenya seeks IMF loan worth $2.3 bn to stabilise rising debt
The country’s fiscal deficit will increase to 8.3% of GDP in the fiscal year to June 2021 from 7.4% in the current fiscal year...
Tag : Kenya
Nokia secures 4G, 5G network modernisation deal from Airtel Kenya
The three-year deal will comprise the deployment of Nokia’s Airscale products portfolio...
Kenya seeks to defer $690 mn in debt payments
The country might participate in the G20's Debt Service Suspension Initiative, and the final decision will be made early next week...
Ilara Health secures grant from Bill and Melinda Gates Foundation
The Kenya healthtech startup secured $1.1 million and the proceeds will be used to support maternal health outcomes...
Low dollar demand underpins Kenya’s forex by Sh760 mn
Remittance inflows stood at $260.7 million in September compared to Sh29.7 billion and Sh29.9 billion in the previous two months...
Safaricom pledges full 4G coverage in Kenya; sees lower earnings
Suspension of major Kenyan betting firms has disrupted the company’s six-month income...
Kenya scales up diagnostic capacity for resilience
The pandemic has spurred innovation in the country, but medical companies are challenged by the increasing demand...
Kenya SMEs to capitalise on ALP’s new S653.1 mn facility
The new development will enable businesses in Kenya to have a more enhanced facility for storage and warehousing...
Kenya to attract US pension and asset funds worth over Sh100 tn
The US government is is committed to support the Kenya Pension Fund Investment Consortium...