Nairobi, April 26 -- Kenya is set to receive a combined Sh43.3 billion ($335 million) in funding from the African Development Bank (AfDB) and a Samurai loan deal reached last year, signalling diversification in the country's external debt sources. The funds are expected before June 30, 2026.

The two facilities will complement other projected external disbursements in the cycle, including a Sh96.9 billion ($750 million) loan from the World Bank and Sh64.6 billion ($500 million) from a sustainability-linked bond.

The inflows will help Kenya meet its external borrowing target of Sh225.8 billion for the fiscal year ending June 30, easing pressure on domestic debt mobilisation, where net domestic borrowing is estimated at a high Sh998.6 bill...