World Bank funding Stories

Sh438 million water agency loan default piles pressure on taxpayers eight years on, Auditor General warns

Lucy Mumbi | Aug 03, 2025

Auditor General Nancy Gathungu, in her audit report for the financial year ending June 2024, disclosed that the authority, tasked with overseeing the...

World Bank withholds Sh96.93 billion loan to Kenya over delayed reforms

Lucy Mumbi | Jul 24, 2025

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...

World Bank unveils Sh16.5 billion initiative to empower Kenya’s vulnerable groups

Maureen Kinyanjui | Jul 22, 2025

According to the World Bank, the funds will go through existing government systems, particularly the National Safety Net Program, to provide structure...

Saudi Arabia, Qatar to settle Syria's outstanding arrears of around $15 million to World Bank

Reuters | Apr 27, 2025

The plans would be the first known instance of Saudi Arabia providing financing for Syria since Islamist-led rebels toppled former leader Bashar al-As...

Kenya’s blood transfusion services face collapse as World Bank’s Sh2.7 billion support ends

Lucy Mumbi | Mar 31, 2025

The World Bank's support covered crucial aspects such as blood collection, testing for infectious diseases, processing blood components and digitalisi...