Kenya secures $500m Trade Bank syndicated loan

Posted by - October 27, 2023

A high-ranking official at the National Treasury has disclosed that Kenya will obtain $500 million (Ksh75.0 billion) in November through a syndicated loan facilitated by the Trade and Development Bank (TDB). TDB has been mandated to mobilise up to $1.0 billion (Ksh150.0 billion) for Kenya in the current financial year whose total external financing is