Tag: shilling

Nigeria’s Naira, Kenyan Shilling worst hit of Africa’s devaluing currencies in 2023 with no hope in sight

January 8, 2024

African countries have faced a myriad of challenges in 2023, not the least of which was currency devaluation, with Nigeria's Naira and Kenyan Shilling experiencing ... Read More

Kenyan default fears intensify as anti-government protests are to resume

April 26, 2023

Investors are unloading Kenya’s dollar bonds due 2028, whose yields have climbed to 14.6% and the shilling has also trading at a record low, while ... Read More