More loans as Kenya eyes another Sh124b Eurobond

Central Bank of Kenya deputy governor Doctor Haron Sirima addressing the bankers during the first day of the 14th East African Banking school hosted by the Kenya Institute of Bankers at Sarova Whitesands in Mombasa County on Monday 11th August 2014. [Photo/Kelvin Karani]

Kenya will return to the Eurobond market to borrow at least Sh124 billion by end of June next year.

This will add to the huge debt burden that has already touched Sh7.3 trillion.