Kenya has introduced a KES 64.8 billion bond aimed at promoting sustainable development by tying it to environmental and social goals, such as forest conservation and improved electricity access. This financing initiative reflects the country's efforts to integrate economic growth with climate action and social progress, utilizing a sustainability-linked financing structure.

In the Bank of Uganda's April auction, Uganda's treasury bond market saw yields rise across all three tenors compared to February, with a notable increase of 100 basis points for the 10-year bond. The auction, held on April 15, reopened the same bonds as in February, but demand surged for the 10-year paper, highlighting a disparity between investor expectations and government offerings. The total amount offered remained at Shs990bn, consistent with the previous auction.

Kenya Electricity Generating Company (KenGen) and the Kenya Ports Authority (KPA) have successfully reduced their exposure to state-guaranteed debt by repaying billions of shillings in outstanding loans. This development is part of Kenya's broader strategy to manage public debt risks and enhance fiscal stability, according to Sharp Daily.

South African firms are intensifying their investments in Kenya's corporate sector, with planned acquisitions totaling approximately Sh413 billion. This strategy aims to use Nairobi as a gateway into East and Central Africa. Notably, Absa Group has announced intentions to increase its stake in Absa Bank Kenya from 68.5 percent to a higher percentage.

New data from the Central Bank of Nigeria (CBN) indicates a significant increase of N17.4 trillion in federal government borrowing, which raises concerns about the growing public sector debt and the potential impact on private sector credit availability.

Kenya Airways is facing a federal lawsuit in New York from an aviation parts distributor over Sh129 million in unpaid debts. This lawsuit highlights the airline's financial struggles, which include Sh206.8 billion in accumulated losses and Sh131.4 billion in government debt that it cannot service. The situation has led to a lack of suppliers willing to continue business with the airline, which is also dealing with operational uncertainties flagged by its auditors.