Lawrence Baraza
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East Africa
Turkey Deploys F-16 Fighter Jets in Somalia to Fight al-Shabaab
Turkey has deployed F-16 fighter jets and attack helicopters to Somalia, as Ankara steps up action against the Islamist militant…
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Economy
Kenyan Inflation Eases in January to 4.4%
Kenya’s annual inflation rate slowed slightly in January 2026, dropping to 4.4 percent from 4.5 percent in December 2025. This,…
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West Africa
Nigeria Plans $2.9 Billion Debt Raise to End Power Shortages
Nigeria is preparing to raise approximately 4 trillion naira (about $2.9 billion) from its domestic capital markets to help settle…
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Agriculture
Kenya’s Future Generations Hopeful in Ruto’s Revived Ksh.12 Billion Galana Kulalu Under PPP
Kenya has set food security as a strategic economic asset and a driver of national stability, investment confidence, and long-term…
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Credit Rating
Moody’s Ups Kenya’s Rating to B3 on Stronger FX Reserves
Moody’s Ratings upgraded Kenya’s sovereign rating to B3 from Caa1 on January 27, citing a sharp reduction in near-term default…
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Government Projects
Kenya’s Yuan Debt Swap Prompts China to Globalize Currency
Kenya has built up enough Chinese yuan reserves to comfortably repay loans that were recently converted from US dollars into…
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Corporate
Why Banks Are Sticking with CBR as Opposed to KESONIA
KCB Bank has officially adopted the revised Risk-Based Credit Pricing Model (RBCPM) for its existing facilities. According to a public…
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Credit Rating
Why Afrexibank Dropped Fitch as Rating Agency
The African Export-Import Bank (Afreximbank) has ended its relationship with credit rating agency Fitch, saying the agency’s approach no longer…
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Corporate
Superior Homes Breaks Ground for Ksh.3 Billion Estate Construction in Kiambu
Superior Homes Kenya has commenced construction of a Ksh.3 billion residential project in Ruiru, Kiambu County. The development, named The…
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Credit Rating
DRC Hopeful in Planned $700 Million Eurobond as S&P Revises Credit Outlook
Global credit ratings agency Standard & Poor’s (S&P) has revised the Democratic Republic of Congo’s (DRC) sovereign credit outlook from…
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