State eyes more Eurobonds to ease Sh10tr debt

The National Treasury is eyeing a return of the M-Akiba bond. [File, Standard]

The Kenya Kwanza government is considering issuing Eurobonds to manage and ease its maturing debt burden, according to newly published Budget documents.

The National Treasury is also eyeing a return of the M-Akiba bond, an mobile retail bond aimed at promoting financial inclusion and encouraging a savings culture.

The draft Budget Policy Statement, part of the government’s economic blueprint for...