Kenya to cut budget deficit to 4.5%
Kenya will cap its budget deficit at 4.5 per cent of GDP in the 2025/26 fiscal year, down from 5.1 per cent the…
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Kenya
Kenya’s annual inflation up in April
Kenya’s annual inflation rate rose to 4.1 per cent in April 2025, up from 3.6 per cent in March, driven largely by…
Kenya targets lower debt ratio 2027/28
Kenya plans to cut its debt-to-GDP ratio to 52.8 per cent by 2027/28 from 58.1 per cent, Finance Minister John…
Kenya seeks new IMF loan to utilise unused funds
Kenya has applied for a new lending programme from the International Monetary Fund (IMF) to incorporate unused…
GCF approves $130m for climate resilience in Kenya, Serbia
The Green Climate Fund (GCF) approved over $130 million for two projects led by the Food and Agriculture…
Egypt, Kenya elevate relations to strategic partnership
Egypt and Kenya have agreed to bolster economic, trade, and investment cooperation, recognising significant…
Egypt, Kenya trade reaches $567m in ’24
Egypt's President Abdel Fattah El-Sisi received Kenyan President William Ruto on Wednesday to discuss cooperation…
Egypt trade volume with Nile Basin states hits $3b in ’23
Trade volume exchange among Egypt and Nile Basin countries hit $3.0 billion in 2023.
Egypt’s c. bank joins PAPSS to boost intra-African trade
The Central Bank of Egypt (CBE) approved joining the Pan-African Payment and Settlement System (PAPSS) in November…
Kenya targets 3.8% budget deficit for FY ’25/’26
Kenya will target a budget deficit of 3.8 per cent of GDP in the FY 25/26 , a senior official from the Ministry of…