World Bank Stories
The report urges the government to strengthen governance frameworks, ensure transparency, and tie public funding to measurable outcomes.
At the forum, an additional 15 National Health Compacts, country-led, five-year reform plans that align health and finance institutions behind measura...
WHO and the World Bank report 1.6 billion people pushed deeper into poverty by health costs and 4.6 billion lacking essential services, as Kenya and o...
World Bank Group’s Chief Economist and Senior Vice President for Development Economics, Indermit Gill, therefore warns that despite the improving glob...
The core contestation is between commodifying land through individual rights and markets, versus protecting it as a social good through communal right...
World Bank data shows Generative AI skills now attract wage premiums of up to 36 per cent worldwide, as vacancies surge across ICT and white-collar ro...
A World Bank and CAK report warns that 30-year leases of Kenya’s state sugar mills, after major debt write-offs and grants, may entrench dominance and...
Africa’s agribusiness sector embodies the continent’s untapped potential for structural transformation.
In its latest November economic update, the World Bank notes that despite a rapidly growing working-age population, formal employment growth has stagn...
The upward revision follows faster recovery in sectors previously weighed down by tight monetary policy, fiscal consolidation and policy uncertainty t...
The payments, set to begin in December, aim to support families affected by land acquisition and disruption of livelihoods along the route.
Globally, the analysis shows that the geographic distribution of extreme poverty has undergone a major transformation.
According to the lender, this disparity highlights ongoing challenges in ensuring that millions across the continent can prove who they are, a fundame...
Managing Director Phillip Mainga informed the Parliamentary Committee on Implementation that Kenya Railways had reached an agreement with the State De...
Declining freshwater reserves are not only reshaping ecosystems but also undermining employment, particularly in countries heavily reliant on agricult...
The continent accounted for over $15 billion (Sh1.9 trillion) of IFC commitments last year, with roughly 30 per cent already in local currencies.
Production capacity in major exporting countries remains constrained, and although shipping and energy costs are easing, they have not dropped enough...
Kenya and eight partner countries are embedding climate resilience into their health systems through a World Bank–funded regional programme aimed at c...
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.
