Nairobi, Kenya; 13 January 2026 – Kenya Development Corporation (KDC) hosted senior officials from the World…
Tag: World Bank
World Bank Withholds KSh96.9 Billion Loan, Demands Sweeping Reforms from Kenya
The World Bank has withheld a KSh96.9 billion ($750 million) budget support loan to Kenya, pending…
World Bank Calls for Tax Reform in Kenya: A Balancing Act Between Equity and Growth
The World Bank has urged Kenya to revamp its income tax framework, proposing a new structure…
Africa Urged to Reduce Leaning on Debt-fueled Growth, Find Alternative Means
IMF has urged Africa to refrain from heavily depending on borrowing to fuel economic growth but…
Govt Secures Ksh.8.9 Billion Loan from OPEC Fund
Kenya has signed a loan deal worth EUR 60 million, equivalent to Ksh. 8.9 billion with…
World Bank Sets $40 Billion for Power Finance in Africa
The World Bank and African Development Bank (AfDB) have announced a $40 billion financing program called…
World Bank Warns Kenya Against Pursuing Partnership Deals After Cancelling Adani Deals
The World Bank has warned Kenya against pursuing unsolicited public-private partnership (PPP) deals following the cancellation…
County Gvt of Homa Bay Risks Blacklisting Over Misuse of Sh358M
Homa Bay County Government is on the jaws of potential blacklisting from the Financing Locally Led…
World Bank Resists Kenya’s Push to End KPLC Monopoly
The World Bank (WB) has warned the Kenyan government against pushing to end Kenya Power’s monopoly…
World Bank and AfDB Launch Mission 300 to Electrify Africa
The World Bank and African Development Bank Group have unveiled Mission 300, an ambitious initiative aimed…