Search

Kenya Seeks Early Access to Final IMF Loan Tranche

Breaking News
© Allen Dreyfus
  • Kenya plans to combine the seventh and eighth reviews of the IMF’s EFF/ECF program for a larger $976 million disbursement
  • The loan aims to address fiscal gaps, but tax policy setbacks have delayed approval

 Nairobi, Kenya – Kenya is aiming to tap the final batch of International Monetary Fund (IMF) funding, approximately $376 million, ahead of schedule following delays in the seventh review of its 48-month Extended Fund Facility and Extended Credit Facility (EFF/ECF).

Recent Business

Africa’s richest man, Aliko Dangote (middle) to expand oil refinery. Photo @ Dangote Website
Nigeria oil regulators resign amid corruption claims by Dangote
Read More »
A lorry park in Rwanda. Photo by Andreas @ Pixabay
Rwanda’s economy surges nearly 12% as construction and services power growth
Read More »
A view of Nairobi, Kenya. Photo @ Pixabay
African Development Fund secures record $11bn as donors back investment-led Africa
Read More »

Recent Politics

Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin court backs constitutional overhaul, extending terms after coup scare
Read More »
African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »

Latest Posts

Latest news insights