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Kenya secures new KSh 194b Eurobond, raising Country's Debt

Kenya has successfully secured a $ 1.5 billion Eurobond (KSh 194.3 billion) from the international market. The new loan aims to balance development spending with sustainable borrowing by refinancing part of the $900 million (KSh 116.5 billion) Eurobond due in 2027, easing immediate debt pressures. [...]