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Provided Kenya successfully redeems the Eurobond in 2024, either via refinancing or by securing alternative loans, debt pressures will ease, as the next Eurobond redemptions, for a combined US$1.9bn, will not fall due until 2027‑28.
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The Minister disclosed that the EAC total trade increased by 13.4 percent to US$74.03 billion in 2022 from US$65.268 billion in 2021.
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Denmark has listed its Dar-es-salaam embassy among the various diplomatic mission to be closed by 2024