Rating volatility caused financial cost to Kenya, following assessments of the African Export-Import Bank's financial health.
1 report, 1 independent
Updated Jul 17
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What happened
Rating volatility caused financial cost to Kenya, following assessments of the African Export-Import Bank's financial health.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The International Monetary Fund and the World Bank Group are assessing Kenya's public debt status and overall financial health.Also in this story
- The International Monetary Fund is tracking economic losses in Kenya that are attributed to climate shocks.
- Kalonzo seeks support from Xi Jinping for Kenya's debt review, while the country also plans to engage the US on debt issues.
The entities involved
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Kenya
country in Eastern Africa
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African Export-Import Bank
pan-African financial institution
Nothing else this week.
Related events
- Kenya's Capital Markets Authority has cleared licenses for fund management and distribution, indicating an expansion of financial services.
- A market completion supported by the World Bank is tied to a dispute over development projects and authority in Kenya.
- IMF lowered its inflation forecast for Kenya and compared its outlook to projections from the Central Bank of Kenya.
- The Central Bank of Kenya sets interest rates while monitoring inflation, alongside stock market activity for Nation Media Group and Kenya Airways.
- Kenya faces financial inclusion challenges and low digital currency uptake despite cross-border remittance activity.