Kenya chalks up $4.2 billion debt in four months

Kenya has borrowed more than $4.2 billion in the first four months of the current financial year 2017/2018.

Kenya has borrowed more than $4.2 billion in the first four months of the current financial year, with a huge chunk of it going into energy, water and education sectors.

Treasury documents show that the larger part of this debt was picked up from eternal lenders, with $300 million sourced from domestic market.