Fitch Rates Kenya's Upcoming USD Notes 'B+(EXP)'
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Fitch Ratings has assigned Kenya's upcoming US dollar denominated senior unsecured notes an expected rating of 'B+(EXP)'.
Fitch Ratings has assigned Kenya's upcoming US dollar denominated senior unsecured notes an expected rating of 'B+(EXP)'.
Social media giant Facebook has unveiled a Content Review Centre in Nairobi, the first such office the firm is setting up in Sub-Saharan Africa as it looks to increase language support for its users.
Kenya's central bank kept its Central Bank Rate steady at 9.0 percent and reiterated its view from November that inflation expectations remain well anchored and the economy is operating close to its potential.
Kenya is back in the international debt markets. According to a Reuters, the National Treasury is seeking a third Eurobond worth $2.5 billion. The treasury is yet to decide whether to borrow a euro-denominated or a dollar-denominated Eurobond.