IFC to Borrow Sh12.99 Billion for New Investments in Kenya

Author: Victor JumaPublished on: November 3, 2026Country: Kenya

Business & Economy

IFC to Borrow Sh12.99 Billion for New Investments in Kenya

The International Finance Corporation (IFC) plans to borrow up to Sh12.99 billion in the short term to fund new investments in Kenya. The global financier sometimes uses local-currency loans to finance its investments. The strategy is intended to hedge against potential losses from adverse foreign-exchange movements.

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