Mining-export inflows from copper and cobalt strengthened the franc and supported local lending. Meanwhile, the DRC franc surge is encouraging investors to place funds in franc-denominated...
Uganda and Nigeria maintain steady growth amid inflation pressures. Regional PMI trends reflect resilience in East Africa.
Kenya and East African peers are struggling to refinance debt at elevated yields. Currency weakness is pushing up debt servicing costs.
Kenya’s conversion of dollar-denominated loans to Chinese yuan aims to stabilize debt payments amid high U.S. interest rates. The IMF cautioned that reliance on yuan exposes...
Through its Trific unit, Centum plans to roll out a pioneering REIT priced in US dollars — a first in Kenya’s investment history. The initiative aims...
Rising business activity is driving lending and trade-finance opportunities for Kenyan banks. SMEs are expected to lead the demand for working capital and supply-chain financing.
Kenya keeps the deemed interest rate steady at 8% despite recent CBK rate cuts. Businesses can now close their financial year with confidence.