Kenya: KQ bailout raises Kenya’s commercial debt to Ksh730bn

The Kenya Airways (KQ) bailout last week raised Kenya’s commercial debt to Ksh725.7 billion, fresh Treasury data shows. Parliament last week approved the Treasury’s guarantee of $750 million (about Ksh77.3 billion) loans owed by the ailing national carrier even as MPs called for the prosecution of all individuals responsible for sinking the ‘Pride of Africa’…

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ACTUALITÉ AFRICAINE À TOUTE HEURE

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