IMF scales back Kenya support with cautious KES 78 billion loan
The International Monetary Fund has approved a cautiously structured loan of KES 78.2 billion ($606 million) to Kenya, scaling back ...
Sunday, March 16, 2025
Tag: loan
Kenyan banks shun private lending in favour of ‘risk-free’ government bonds
Government borrowing is increasingly crowding out Kenya’s private sector, as commercial banks opt to lend to the state over businesses, ...
Safaricom secures KES 15 billion sustainability loan to boost ESG initiatives
Safaricom has secured an additional KES 15 billion sustainability-linked loan, further advancing its Environmental, Social, and Governance (ESG) initiatives. This ...
Kenya secures KES 6.7 billion loan from Germany for geothermal power expansion
Kenya has secured a €45 million (KES 6.7 billion) loan from Germany to increase the capacity of two geothermal power ...
Gachagua says fresh China loan on the cards, rejects overborrowing claims
In a wide-ranging radio interview that aired Friday, Deputy President Rigathi Gachagua staunchly defended the Kenya Kwanza administration against criticism ...
World Bank to Aid KPLC’s Last Mile Connectivity Programme With Kshs 40.8 Billion
The World Bank plans a Kshs 40.84 billion loan to help improve the operations of the Kenya Power and Lighting ...
Kenya Inks Kshs 407 Billion Loan from African Export-Import Bank
Kenya signed three-year loan financing programme from the African Export-Import Bank (Afreximbank) yesterday at State House, Nairobi. The fund is ...
EPZ Secures a Ksh2.7 bn Loan For Expansion
Hela Investment Holding (HIH), a clothing manufacturing firm operating in Kenya's export processing zone (EPZ), has secured a Ksh 5.38billion ...
Implications of Delayed Salaries on Financial Institutions
Financial institutions have raised fears over delayed payment of March salaries by the government. This is because, most of the ...
KMRC Partners with Cooperative Bank to offer low rate Mortgages
Kenya Mortgage Refinance Company (KMRC) has partnered with Cooperative bank to offers mortgages at the rate of 9.9 percent. This ...
