×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

AfDB throws Kenya new debt lifeline amid Eurobond jitters

Vocalize Pre-Player Loader

Audio By Vocalize

The African Development Bank (AfDB) has pledged a new liquidity lifeline for the cash-strapped Kenya Kwanza administration to settle its maturing obligations amid mounting concerns about Kenya's repayment ability.

The pan-African lender said on Wednesday it is in talks with the National Treasury on how to help deal with some of Kenya's massive obligations that have triggered widespread default concerns.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Enterprise
How nature-related risks could expose company directors to legal liability
News
IEBC appoints new acting CEO as Sunkuli's term ends
Real Estate
eSIM providers eye Kenya's growing diaspora market
Enterprise
What happens when AI agents drive your revenue?