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.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Is Senegal drifting towards default as political rift deepens?
Read More »
People traveling in a canoe in Ganvie, Benin. Photo @ Unsplash
Can Benin sustain its economic miracle under new finance minister as IMF support ends?
Read More »
Lively street market scene in Kaduna, Nigeria. Photo @ Pexels
Why faster share settlement matters in Nigeria’s race for capital
Read More »

Recent Politics

Ambassador Berhanu Tsegaye, State Minister at the Ministry of Foreign Affairs of the Federal Democratic Republic of Ethiopia.
Opinion: Growth, peace and elections power Ethiopia’s next chapter
Read More »
A protester holding the Kenyan flag during a demonstration in Nairobi's streets. Photo: @Pexels
How Ruto’s fuel policies triggered public outrage in Kenya
Read More »
French President Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
Can France win Anglophone Africa after Sahel influence collapse?
Read More »

Latest Posts

Latest news insights