Tag: The World Bank Group

The freeze on World Bank funding might force the Kenyan government to prioritize spending, delay infrastructure projects, or introduce new ...

Kenya's debt ceiling could soon hit Kes 10 trillion. This is after the Senate gave the country's treasury the green ...

Kenya has secured Kshs. 85.5 billion from the World Bank in what the lender says will help support the country’s ...

Nearly 20 Kenya-based companies have been blacklisted by the World Bank and the African Development Bank (AfDB), in less than ...

Kenya has received a Kes 16.67 billion ($150 million) loan from World Bank to support local communities hard hit by ...

Sub-Saharan Africa is set to emerge from the 2020 recession brought about by the COVID-19 pandemic with growth expected to ...

The International Finance Corporation (IFC) has partnered with FMO, a Dutch development bank, to assist small businesses in Kenya by ...

The World Bank Board of Executive Directors has approved $130 million additional financing for the Kenya COVID-19 Health Emergency Response Project to ...

The World Bank on Wednesday said it could not assist El Salvador’s bitcoin implementation given environmental and transparency drawbacks. “We ...

Kenya has received a $750 million loan from the World Bank to support its budget and help the East African ...

The Sub-Sahara economy growth forecast is projected to resume to 2.8% this year and firm to 3.3% in 2022, underpinned ...

Kenya expects to receive a loan of $750 million from the World Bank in the next two weeks to support ...

The International Monetary Fund (IMF) on Monday said it will soon disburse Kes 262.69 billion (USD 2.4 billion) to the ...

The World Bank has suspended a $100 million payment to the Democratic Republic of Congo that was meant to support ...

The Co-operative Bank of Kenya has secured a long-term financing facility arranged by the International Finance Corporation (IFC) amounting to ...

Overall, the global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout ...

According to this agreement, KCB will mobilize commercial financing into the SME and climate finance sector in Kenya and also ...

Shelter Afrique expects fresh equity injection from Member Countries via country IDA allocation, direct lines of credit from the World ...

The National Treasury expects the Kenyan economy to grow by just 2.5 percent due to COVID-19 induced economic slowdowns.

Mr. Hansen will be based in Nairobi, Kenya.He succeeds Carlos Felipe Jaramillo who was appointed as the Vice President for ...

IFC remains committed to scaling investment and advisory support in Kenya, especially within the context of Kenya’s Big Four Agenda ...

Members of the Advisory Council play a critical role of looking into progress and constraints to gender equality globally and ...

The revision of the Outlook on Kenya's IDRs reflects Fitch's view that the coronavirus shock will drive a sharp economic ...

The African Development Bank established its Social Bond framework in 2017 and has raised the equivalent of $5.5 billion through ...