World Bank Stories
Similar to the general population, the report highlights that extreme poverty among children is increasingly concentrated in Sub-Saharan Africa and pl...
Kenya’s upgraded forecast comes amid signs of recovery in key sectors such as agriculture, services, and construction, as well as improving investor s...
With large debt-service payments looming in early 2026, the current cushion offers the government greater breathing room to plan repayments without pu...
The appeal comes as many developing nations struggle with high interest rates, currency depreciation, and worsening climate shocks — factors that have...
In its latest edition of Africa’s Pulse report, the lender reckoned that wage jobs and productive employment are scant in the region, as medium-sized...
Asbestos, once a popular building material in the 1970s for its heat and sound resistance, was banned in Kenya in 2006 after it was linked to severe i...
While the IMF’s most recent forecast in July projected global GDP growth at 3.0 per cent for 2025, down from 3.3 per cent in 2024, new projections exp...
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...
