At the Annual General Meetings of the African Trade and Investment Development Insurance (ATIDI) in Nairobi, senior officials from Kenya and Cameroon showcased investment opportunities in their economies and outlined key policy measures before an audience of bankers, investors, and private‑sector leaders from across Africa and beyond.
Raphael Otieno, director‑general of Kenya's public debt management office at the national treasury, outlined the country's plans for the commercial debt markets in the current fiscal year. He said Kenya had diversified its external funding sources by issuing Samurai bonds in Japan last year and would return to the Japanese market in the 2026/27 fiscal year.
"Japan is a good source of funding. We find the cost of financing from the Japanese market to be very reasonable," Otieno said.
He revealed that Kenya is also considering other instruments, including panda bonds in the Chinese inter-bank market, sustainability linked loans, and debt swaps to help fund health and education.
Originally published by African Business.