Kenya raised the lending rate by 50 basis points to 7.5 percent at their last meeting in May, the first increase since July 2015.
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FX Reserves have declined to 4.45 months of imports.
The bonds recorded an undersubscription of 26.4%.
Equity Group’s Africa Resilience Plan is envisaged to provide financing of up to 2% of the combined GDP of the six economies in Eastern and Central Africa.
The BUSD is a stablecoin that has become one of the fastest-growing stablecoins with high demand in the crypto market.
Equity Bank Kenya has inked a deal with NALA Payments Limited, a remittance payment processing platform licensed in the UK…