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The fund is an ambitious, complex and unorthodox approach to boosting financial inclusion and providing credit to citizens and small businesses, but it is not uncontroversial.
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DOI: 10.1108/OXAN-DB279329
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.
KENYA: Tana River dam plans will raise questions
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DOI: 10.1108/OXAN-ES273925
ISSN: 2633-304X
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KENYA: ‘Hustler Fund’ may face mixed reception
Most notably, the president promised to reinvigorate the economy through a bottom-up approach that rewards Kenya’s “hustlers” -- those who must work and ‘hustle’ for a living…
African Eurobond push
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DOI: 10.1108/OXAN-DB231981
ISSN: 2633-304X
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However, due to the Fund's outdated quota calculations, underperforming states would benefit the most, while Africa's most dynamic economies would see limited gains.
KENYA: Shutdown will sour county funds standoff
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DOI: 10.1108/OXAN-ES256330
ISSN: 2633-304X
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With an ambitious development agenda to fund amid mounting debt, and under pressure from the IMF to rationalise revenues, the government aims to increase fiscal space with a set…
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…