Nairobi, Oct. 8 -- Kenya lost Sh19.5 billion after Moody's downgraded its credit to junk status in response to the Gen Z-led anti-budget protests in 2024, an arm of the African Union has revealed.

The Africa Peer Review Mechanism (APRM), a body under the African Union, disputed the downgrade, calling it unfair due to a lack of information and context.

Published by HT Digital Content Services with permission from Business Daily....