A spokesperson in the World Bank's Kenya office confirmed the talks for new funding, which fell under its "Development Policy Operations" (DPO) with t...

It adds that the new hub will serve as a centralised platform for training, resources and best practices, enabling stakeholders from various sectors t...

The funding strategy is also committed to catalysing green and sustainable financing in East Africa, providing credit guarantees to stimulate private...

KawiSafi II is a $200 million (Sh25.8 billion) venture equity fund put in place to address investment gaps in energy transition, productivity, mobilit...

The endorsement came during the 44th Ordinary Summit of SADC leaders in Harare, Zimbabwe.

During a cabinet meeting chaired by President William Ruto on Tuesday, the Cabinet emphasised the importance of these efforts in enhancing Kenya's glo...

In 2012, concessional loans sent to Africa stood at 28 per cent, an indication that donors are increasingly resorting to lending instead of donating.

Ruto highlighted that the frequency of extreme weather events continuously diminishes the resources available for public investment and the provision...

Ruto said that with an AUC capable of handling Africa's economic relationships, the continent will be able to display its wealth and potential to the...

As Africa pursues economic growth, key issues include borrowing to finance key projects, as loans and other plans have left many countries struggling...

The sharp rise in the cost of loans is attributed to the shift from concessional financing to more expensive and short-term commercial debt.

The AfDB said on Friday it was "delighted with and reassured by the strong personal leadership and firm commitment shown by Prime Minister Abiy Ahmed,...