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KENYA: New deal may encourage Nairobi’s bond hopes
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DOI: 10.1108/OXAN-ES284924
ISSN: 2633-304X
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KENYA: IMF aid boost offers much-needed support
Prospects for East Africa and the Great Lakes in 2023.
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DOI: 10.1108/OXAN-DB273998
ISSN: 2633-304X
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However, their campaign promises, some of which are ambitious, may be constrained by a difficult budgetary situation, something which neither camp denies.
Nairobi cancelled a bond sale last year; it has 17 months to rebuild its credibility with investors before seeking to refinance a USD2bn Eurobond.
However, due to the Fund's outdated quota calculations, underperforming states would benefit the most, while Africa's most dynamic economies would see limited gains.
EAST AFRICA: Debt concerns may derail rail timetable
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DOI: 10.1108/OXAN-ES239597
ISSN: 2633-304X
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The report has dominated the economic news in South Sudan as macroeconomic conditions in the country have deteriorated rapidly. Soaring inflation, low oil prices and a persistent…
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DOI: 10.1108/OXAN-DB213739
ISSN: 2633-304X
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Chinese creditors now look set to waive debt payments due between May 2020 and June 2021, when the G20's Debt Service Suspension Initiative (DSSI) currently expires, although…
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DOI: 10.1108/OXAN-DB257977
ISSN: 2633-304X
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AFRICA: External conditions tighten for sovereigns