Kenya world bank,World Bank,world bank kenya Stories
The World Bank has recommended that Kenya raise excise taxes on select goods, including alcohol, tobacco and sugary drinks, to generate revenue for se...
Senator Tabitha Mutinda's election is widely seen as recognition of Kenya’s increasing role in shaping discussions on governance, accountability, and...
The final details of the new IMF-funded program are expected to be announced following the conclusion of the talks on Thursday. The recently concluded...
Unlike external loans that face strict lender scrutiny, domestic borrowing remains largely unchecked, making it more prone to misuse.
The World Bank cited falling inflation, stabilising currencies and renewed investment in major economies such as Ethiopia, Nigeria and Côte d’Ivoire.
James Ikeny Loyelei (Kanamkemer MCA), the Water, Sanitation, Environment, and Climate Change Committee chair, emphasised the need to strengthen water...
According to the Treasury, clearing the earlier debt avoids higher interest costs in the future and spreads repayments over a longer period, providing...
The World Bank committed to providing electricity access to 250 million people, with the African Development Bank (AfDB) aiming to reach an additional...
While Kenya’s main gateway struggles, other regional ports are recording improvements. Dakar in Senegal has moved from a CPPI of –82 in 2023 to 23 in...
The Fund observed that the country’s output expanded by 5.4 per cent in the first three months of 2025, but warned that deeper reforms are needed to p...
According to the International Labour Organisation (ILO), while the world is wealthier, healthier and better educated than in 1995, the benefits have...
The IMF provides the financing on an unsecured basis. It tries to ensure that it will be repaid by making the financing subject to policy conditions,...
In 2024, the findings show that over 311 million children in the region lived in households surviving on less than $3 (Sh388) a day, the revised globa...
The assessment highlights that Ethiopia’s repayment risks are aggravated by “bunching of debt service in the near to medium term” and by the sharp dec...
TSA will enable daily, real-time monitoring of all government funds, reduce account fragmentation, and close gaps that previously allowed the misuse o...
The report also flags political instability and limited resources as barriers to effective policy implementation. These factors often undermine even w...
World Bank highlights that economic management remains Kenya’s strongest pillar, attaining a score of 4.2 in 2024, up from 4.0 in the previous year.
The arrangement will allow Kenya to channel resources into agricultural projects, irrigation, food storage infrastructure, and nutrition programmes, h...
Ould Tah becomes the ninth president of the regional lender that plays a vital role in financing development projects across the continent.
The report highlights that in low-income countries the situation is even worse, with eight out of ten people lacking all three essentials: clean air,...
The new Memorandum of Understanding (MoU) aims to tackle the physical and digital infrastructure deficits that have long constrained trade and economi...
Structural slowdowns across investment, productivity, trade and labour force expansion are dragging the global economy toward its weakest potential gr...
In Kenya, 49 per cent of mobile owners received at least one scam call or message during the year, often prompting them to share money or personal inf...
According to residents, the trench digging has disrupted businesses, restricted access to shops, and damaged sections of pedestrian walkways.
The road, once complete, is expected to play a major role in connecting remote parts of Northern Kenya to national and regional markets.
Auditor General Nancy Gathungu, in her audit report for the financial year ending June 2024, disclosed that the authority, tasked with overseeing the...
Reports indicate that over 200 people have been injured and more than 1,200 arrested during the demonstrations, which were marked by widespread vandal...
The growth is largely attributed to the widespread adoption of mobile money platforms, which continue to reshape the country’s financial landscape.
The loan, part of the World Bank’s Development Policy Operations (DPO) facility, was expected this month but now hangs in the balance over unmet refor...
In its report titled "Transport Connectivity for Food Security in Africa", the World Bank notes that although food production has increased over the y...
