The Central Bank of Kenya (CBK) has secured Sh29.2 billion from a tap sale of Treasury bonds in June, contributing to a total of Sh31 billion in bids as the government approaches the end of its domestic borrowing program for the 2025/26 financial year. This move comes amid increasing funding pressures.

The Central Bank of Kenya has reopened the sale of two fixed-coupon Treasury bonds to raise KSh60 billion to support the government's budget. According to a prospectus released on Tuesday, September 8, the offer comprises two fixed-coupon bonds, one maturing in 2039 and the other in 2056. Kenyans can participate with a minimum investment of KSh50,000, with the bank providing guidance on how investors can place their bids.

Economists have warned that Nigeria's rising debt burden could become unsustainable, as the federal government's domestic bond borrowing surged by 90 per cent to N24.7 trillion in the first eight months of 2026. According to a report by Leadership, the sharp increase has raised concerns over mounting debt-service obligations and reduced access to funds for businesses. The warning was prompted by the latest data on government borrowing, highlighting growing anxiety about the country's fiscal position.

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.

Taiwo Oyedele, chairman of Nigeria's Presidential Committee on Fiscal Policy and Tax Reforms, has rejected claims that President Bola Tinubu's administration borrowed between ₦75 trillion and ₦80 trillion, describing the circulating figures as misleading. According to African Examiner, Oyedele made the remarks during an economic review session organised by the Senate Committee on Finance, where he explained the factors behind the reported increase in the country's debt profile.

The World Bank has identified Nigeria's primary fiscal challenge as weak revenue mobilisation rather than high levels of debt. Mathew Verghis, the World Bank Country Director for Nigeria, emphasized the need for the government to focus on enhancing revenue generation to foster sustainable economic growth during an interview on Channels Television.