Moody’s Upgrades Kenya to B3, Citing Lower Default Risk and Stronger External Buffers

[Business Today - Kenya] - 28/01/2026

Moody’s Ratings has upgraded Kenya’s local and foreign currency long-term issuer ratings to B3 from Caa1 and revised the outlook to stable from positive, citing a significant reduction in the country’s near-term default risk and improved external liquidity. In a statement issued in New York on (…)

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