Moody’s raises Kenya’s credit rating under Ruto
Written by Black Hot Fire Network Team on January 29, 2026
Kenya’s sovereign credit rating has been upgraded by Moody’s, a global ratings agency. This marks a second positive development for President William Ruto’s government within a short timeframe, potentially facilitating access to more affordable international credit.
Rating Upgrade Details
Moody’s raised Kenya’s long-term foreign currency issuer rating from “Caa1” to “B3.” The agency attributed this change to a decreased risk of default in the near future.
