Search

Kenya to Halve Foreign Borrowing in 2025 as Domestic Debt Takes Centre Stage

William Ruto, President of Kenya. © SOPA Images Limited/Alamy Live News
  • Government targets a 40% reduction in external borrowing for the 2025/26 budget.
  • Domestic funding set to increase by 32%, with reforms to attract local investors.

Nairobi, Kenya – Kenya plans to significantly cut foreign borrowing by nearly half from July 2025, focusing instead on the domestic capital market. The move, aimed at reducing exposure to external debt risks, could, however, pressure local bondholders to maintain higher interest rates.

Recent Business

A Nigerian teenager with his phone. Photo by Muhammad-Taha Ibrahim @ Unsplash
Borrowing again: Why Africa’s Eurobond comeback could haunt 2026
Read More »
Payment system. Photo by Nathana Rebouças @ Unsplash
SADC cross-border payments hit record $15.7bn as regional trade flows accelerate
Read More »
Usakos, Namibia. Photo @ Unsplash
Namibia GDP growth slows to 1.9% in Q3 2025
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