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IMF Reveals Africa's Top Borrowers: Egypt, Kenya, Côte d'Ivoire

10/26/2025

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Story summary
  • As of October 2025, the International Monetary Fund (IMF) identifies Egypt, Kenya, and Côte d'Ivoire as Africa's top borrowers.
  • Egypt leads with KSh 891.5 billion in outstanding loans.
  • Kenya terminated its IMF loan agreement and is negotiating a new program.
  • The IMF projects Sub-Saharan Africa growth at 4.1% in 2025 and cautions that rising debt costs and weak revenues could threaten Nigeria's recovery.