The Central Bank of Kenya (CBK) is considering adding gold to its reserves to “diversify away from other currencies.” In ...

Countries caught between the U.S. and China are in “an impossible situation” because they need to stay economically connected ...

CBK governor Kamau Thugge noted that the IMF is willing to offer new access to loans after Kenya meets set conditions for the ...

This, in turn, increases vulnerability, weakens growth prospects and drives up borrowing costs, shrinking fiscal space even ...

Kenya is projected to surpass Ethiopia as East Africa's largest economy in 2025, according to new data from the International Monetary Fund. The IMF forecasts Kenya's GDP will reach $132 billion next ...

America played a less destructive role than feared at last week’s spring meetings of the World Bank and the IMF.

The conditions set by the IMF come after the government faced protests last year when it tried to expand taxes aggressively.

President has to delicately balance repayment and providing services to the public without increasing tax burden.

Kenyans file constitutional petition challenging the executive's borrowing practices, alleging unconstitutional debt ...

The East African nation is on track to become the region's largest economy after its neighbour's currency was devalued.

The U.S. dollar is on pace for its worst performance during the first 100 days of a US presidency since Richard Nixon was in ...

Nigeria and South Africa, two of Africa’s most prominent economies, have been projected to see weaker GDP growth rate in 2025 ...