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Economy

IMF extends Kenyas loan facility. (Image source: International Monetary Fund/Flickr)

The International Monetary Fund has granted Kenya an extension of its standby facility, giving the country additional time to finish oustanding reviews of an IMF-supported program

Charl Bruyns is the head of investor services at Standard Bank. (Image source: Standard Bank)

In Africa today, local capital markets, domestic institutions and favourable demographics are converging, thus contributing to the growth prospects across the continent, according to Standard Bank

Rex Tillerson is the US secretary of state. (Image source: PolandMFA/Flickr)

As the US secretary of state Rex Tillerson begins his first trip to Sub-Saharan Africa as secretary, beginning 6 March 2018, he focused on various issues aiming to strengthen the US’ trade and investment ties with the continent

Kenya’s annual growth is expected to grow at about six per cent in a couple of years. (Image source: Filiberto Strazzari/Flickr)

A staff team from the International Monetary Fund (IMF), led by Benedict Clements, visited Kenya from 19 February to 2 March 2018, to conduct the 2018 Article IV consultation and discuss about IMF support to Kenya including the authorities’ request for an extension of the current SBA

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