• Home
  • Business News
  • Weekly Reviews
  • Market Reports
Friday, October 24, 2025
  • Login
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
No Result
View All Result
Home Corporate News

World Bank Approves $130 Million for Kenya COVID-19 Vaccines

Leah Wamugu by Leah Wamugu
in Corporate News
Reading Time: 2 mins read
A A
0
World Bank Kenya

The World Bank

Share on FacebookShare on Twitter

The World Bank Board of Executive Directors has approved $130 million additional financing for the Kenya COVID-19 Health Emergency Response Project to facilitate affordable and equitable access to COVID-19 vaccines for Kenyans.

RELATED POSTS

John Wilson Resigns as Director at Kenya Airways

Victoria Commercial Bank Secures USD 7.5 Million Green Financing Facility to Support SMEs in Transition to a Low-Carbon Economy

Equity Group Foundation, WorldQuant University, partner to Boost Education in MOU Signed Sep 25, 2025

This is the second additional financing for the Kenya COVID-19 Health Emergency Response Project. With the $10 million triggered under the Contingency Emergency Response Component of the Transforming Health Systems for Universal Care Project, the World Bank’s contributions to Kenya’s COVID-19 response total  $246 million.

The funds will enable Kenya to procure more vaccines via the African Vaccine Acquisition Task Team (AVATT) initiative and the COVID-19 Vaccines Global Access (COVAX) facilities] and also support the deployment of those vaccines by boosting Kenya’s cold chain storage capacity—including establishing 25 county vaccine stores, strengthening the capacity of 36 sub-county stores, and equipping 1,177 health facilities with vaccine storage equipment.

“This additional financing comes at a critical time when the Government of Kenya is making concerted efforts to contain the rising cases of COVID-19 infections and accelerate the deployment of vaccines to a wider population. The upfront financing for the acquisition of COVID-19 vaccines will enable the government to expand access to more Kenyans free of cost.” Keith Hansen, World Bank Country Director for Kenya.

Additionally, the money will fund vaccine safety surveillance, training for health workers, and advocacy and communications activities to encourage COVID-19 vaccine uptake.

“With the increased support for a rapid COVID-19 response, the World Bank is offering the government a flexible approach to select a portfolio of vaccines that best suits local capacities, timings of delivery, and vaccine approvals,”  Jane Chuma, World Bank Senior Health Economist.

Read also; Kenya Receives $750 Million Loan From World Bank.

Post Views: 1,016
Buy JNews
ADVERTISEMENT
Tags: Corona Virus PandemicKenyaspotlightThe World Bank Group
Previous Post

Asian Stocks Lower Despite Wall street Record High

Next Post

Market Report; 29 June 2021

Leah Wamugu

Leah Wamugu

Related Posts

Kenya Airways South African Airways
Corporate News

John Wilson Resigns as Director at Kenya Airways

by Felix Ochieng
Victoria Commercial Bank
Corporate News

Victoria Commercial Bank Secures USD 7.5 Million Green Financing Facility to Support SMEs in Transition to a Low-Carbon Economy

by Trading Room Reporter
Equity Group Foundation, WorldQuant University, partner to Boost Education in MOU Signed Sep 25, 2025
Corporate News

Equity Group Foundation, WorldQuant University, partner to Boost Education in MOU Signed Sep 25, 2025

by Ruth Nelima
KPLC
Earnings Update

KPLC’s Profit Slides 19% on Lower Tariffs and Forex Losses

by Ivan Lewa
Next Post
Image of NSE

Market Report; 29 June 2021

Wall Street Global Markets

Tech Stocks Extend Rally, Pushing Nasdaq, S&P 500 to New Highs

Oil Prices

Oil Prices Edge Higher Despite Falling U.S Stockpiles

Advertisement Banner Advertisement Banner Advertisement Banner
ADVERTISEMENT

Most Viewed Posts

  • Tea Farmers Set to Receive Kes 28 Billion as Final Bonus Payment (4,331)
  • 4 Things You Can Do With the Cashlet App to Achieve Your Financial Goals (2,438)
  • Hilda Njeru Takes over at CDSC (2,296)
  • Safaricom Finally Launches eSIM: Here’s What You Need to Know (2,278)
  • KenGen Gets Nod to Sell 4 Million Tonnes of Carbon Credits (2,018)

Follow Twitter

About Us

Follow Us

Popular Tag

Africa Asian - Pacific Stocks Asian Stock Markets Australian Stocks Bitcoin Bonds Kenya Bonds Trading in Kenya Brent Brent Crude Capital Markets Authority Central Bank of Kenya Corona Virus Pandemic Crude Oil Cryptocurrencies Derivatives NSE Derivatives Trading in Kenya Dow Jones Industrial Average European Stock Markets Global Economy Global Markets Gold Hang Seng Index Investing in Kenya Jakarta Stock Exchange Kenya Bankers Association Kenya Economy Kospi index MSCI Index Nairobi Securities Exchange NASDAQ New York Stock Exchange Nikkei N225 NSE Oil Futures S&P 500 Index Safaricom Plc Shanghai Composite Shenzhen component spotlight Stock Market Report Stock Market Review U.S. Stock markets US oil Wall Street WTI Oil Index

Recent News

Coca-Cola Company

Coca-Cola Company, GFI to sell 75% Stake in Fast-Growing Coca-Cola Beverages Africa

NSE

NSE Market Report October 22, 2025: Bourse Gains Momentum, NCBA Group extends Rally

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 The Trading Room Limited.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
TSLA 
$448.98  2.28%  
GME 
$23.63  5.07%  
MSFT 
$520.56  0.00%  
AAPL 
$259.58  0.44%  
AMC 
$2.73  0.73%  
ABNB 
$127.35  0.12%  
GOOGL 
$253.08  0.55%  
AMZN 
$221.09  1.44%  
No Result
View All Result
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports

© 2025 The Trading Room Limited.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?