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According to S&P Global Ratings, Kenya is among African countries facing debt pressures that could weaken local currencies. External debt repayments across the continent are set to exceed USD 90 billion in 2026. This surge may intensify pressure on the Kenyan shilling, currently trading at around Ksh129 per US dollar.
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In a chronicle published on January 31, 2026, economist Nicolas Baverez portrays France as Europe's Argentina, undermined by demagoguery that impoverishes the middle class and drives the exodus of talents and capital. Wealth per inhabitant fell to 38,110 euros in 2024, ranking the country 34th worldwide and 7% below the EU average for the third consecutive year.
President Gustavo Petro defended the placement of US$4.95 billion in bonds, Colombia's largest issuance ever, as a measure to lower the current debt costs. He linked this to the economic emergency decree, warning that its annulment by the Constitutional Court would raise borrowing expenses again.
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In 2024, US government interest payments on debt surpassed $1 trillion for the first time in history, signaling a major rebalancing in the global economy. Meanwhile, US military spending nears the $1 trillion mark, even as the economy demonstrates remarkable resilience.
Egypt's finance ministry plans EGP 843bn local debt tenders in February
2026/01/26 10:55Ethiopia's Eurobond debt deal rejected by creditors committee
2026/01/25 17:02Ethiopia suspends Eurobond debt restructuring agreement
2026/01/24 20:46Egyptian government plans EGP 2.7trn in local debt issuances for Q3 FY2025/2026
2026/01/24 14:35Fitch keeps Kenya's credit rating at 'B-' with stable outlook
2026/01/08 01:05Philippine debt service consumes nearly half of government revenues
2026/01/07 17:01Chinese bank aids repo for Argentina's debt payment
2026/01/07 10:22Egypt's five-year CDS falls to lowest level since 2020
2026/01/06 16:00Government issues debt quota of $152 trillion for budget financing
2025/12/31 12:13Ethiopia reaches agreement with bondholders on debt restructuring