The Treasury had budgeted for the World Bank billions in the year starting July, when it didn’t factor in funds from the ...

A World Bank report reveals a significant shift in Kenya's financial landscape, with Kenyans increasingly favouring mobile ...

The World Bank has dismissed claims of secretly issuing loans to Kenya, stating that all financial agreements with the ...

The World Bank has approved a Ksh16.4 billion (US$127.5 million) support program, set to directly benefit millions of ...

NAIROBI, APRIL 11, 2018 – The proportion of Kenyans living on less than the international poverty line (US$1.90 per day in 2011 PPP) has declined from 46.8% in 2005/06 to 36.1% in 2015/16, according ...

The World Bank urged Kenya to reduce high debt levels that are limiting the inclusiveness and sustainability of the east African nation’s economic growth.. A sharp rise in borrowing driven ...

To reinforce Kenya’s resilient, inclusive and green economic recovery from the COVID-19 crisis, the World Bank approved $750 million in development policy financing to support policy reforms that will ...

The World Bank is poised to provide $1 billion of financing to Kenya in the 2023 fiscal year under its development policy operation program.. The program’s objectives include boosting ...

For instance, in Ghana, women are 4.0 percentage points less likely than men to borrow from this source, whereas in Kenya and Uganda, the gaps are 16 and 13 percentage points, respectively.

The World Bank said on Monday that it foresaw $12 billion of support to Kenya over the next three years, potentially a major boost to the East African country's strained finances.

Kenya and the World Bank have increased the amount under discussion for a potential budget support loan this fiscal year by a third to $1 billion, a document posted on the bank's website showed.