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

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

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 ...

FILE PHOTO: The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth Frantz/File photo ...

The Shirika Plan is billed as a refugee policy game-changer, but long-neglected host communities worry they will not see the ...

Kenya’s economy is projected to expand 5% this year as favorable weather conditions boost agricultural output, according to the World Bank.. The growth rate is expected to accelerate to 5.2% in ...

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.

Kenya will get a World Bank loan of Sh111 billion ($1.1 billion) for infrastructure projects in the country’s arid northern region, the bank’s vice president for Africa said.