The heightened demand for bonds was reflected in the recent Kenyan Eurobond offering which garnered over $5 billion in subscriptions. 

Kenya’s planned agricultural produce exchange is scheduled to go live in February next year, the Trade and Investment Ministry said in a disclosure.

Diaspora inflows for the first nine months of the year grew at the slowest pace in the past 13 years, putting more pressure on the country’s supply of dollars.

Users of Airtel Money will now pay more to send and receive cash across other networks after the telco reviewed its tariffs, passing the burden of a new tax to its subscribers.