Скачать или смотреть Kenya expects faster growth in 2025, President Ruto signs yen-denominated loan with Japan

Kenya projects its GDP to grow 5.6% in 2025, despite global challenges such as rising tariffs and trade disruptions. Speaking at the Japan-Africa Leaders Conference (TICAD) in Yokohama, President William Ruto highlighted Kenya’s strong economic outlook and resilience.

In a major development, Kenya and Japan signed a yen-denominated loan agreement, backed by Nippon Export and Investment Insurance (NEXI) through Japan’s Ministry of Foreign Affairs. While the pricing and terms were not disclosed, the deal strengthens financial cooperation between the two nations, following an earlier agreement signed in February 2024.

The loan is expected to support Kenya’s economic growth, development, and infrastructure financing, while deepening Kenya-Japan trade and investment ties.

Stay tuned as we break down how this deal could shape Kenya’s 2025 economic performance and what it means for Africa-Japan relations.

#Kenya #Japan #Economy #Ruto #TICAD #KenyaNews #AfricaBusiness