World Bank

Treasury Turns to Local Borrowing as External Financing Delays Persist

Kenya’s Treasury has again shifted its financing strategy toward the domestic market, reducing its reliance on external borrowing while significantly…

1 month ago

Treasury Raises Domestic Borrowing Target to Sh1.66 Trillion

The National Treasury has increased its domestic borrowing target for the financial year ending June 30 by 52.29 percent, or…

2 months ago

Government Increases Funding for NYOTA Program As Beneficiaries Rise

The government has increased funding for the National Youth Opportunity Towards Advancement (Nyota) programme after expanding the number of beneficiaries…

3 months ago

World Bank Lowers Private Funding Target for Kenya Housing Reform

The World Bank has reduced the amount of private money expected to support Kenya’s housing and land reform programme ahead…

3 months ago

World Bank Endorses NYOTA as Cornerstone of Kenya’s Youth Jobs Strategy

The World Bank has identified Kenya’s National Youth Opportunities Towards Advancement (NYOTA) programme as a central pillar in efforts to…

4 months ago

KDC and World Bank Advance Green Investment Fund to Mobilize Private Capital and Strengthen SME Climate Resilience

Nairobi, Kenya; 13 January 2026 – Kenya Development Corporation (KDC) hosted senior officials from the World Bank for a high-level…

5 months ago

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 the enactment of key…

7 months ago

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 for Pay-As-You-Earn (PAYE) taxation.…

1 year ago

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 instead find alternative means.…

1 year ago

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 OPEC Fund. During the…

1 year ago