Kenya’s economic reforms: Markets don’t lie

In August 2025, S&P Global Ratings upgraded Kenya’s sovereign credit rating from B- to B, citing easing liquidity risks and improved market access. These upgrades are more than a technical adjustment.

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Those who watch government policy with caution often demand evidence beyond political speeches and optimistic forecasts.

In the unforgiving world of global finance, that evidence is delivered daily in market prices. And right now, those prices are speaking clearly that Kenya is regaining credibility.

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Note: The results are not exact but very close to the actual.