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Kenya at high risk of debt default and austerity measures not enough; World Bank warns

The World Bank now says that Kenya’s debt level is increasingly concerning, with the classification of "high risk of default" only serving to put more pressure on the National Treasury.

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Oro Africa Magazine is a premium digital publication dedicated to showcasing the best of Africa's luxury, business, and innovation landscape. Published quarterly, the magazine channels the elegance of leading global luxury titles, delivering in-depth features on high-end real estate, fashion, gourmet culture, fintech revolutions, and more.