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 ...

WASHINGTON, June 5, 2014—The World Bank Group today released a new Country Partnership Strategy (CPS) to help Kenya realize its ambitious development of unleashing the country’s potential for growth ...

Kenya's cost of servicing its debts is expected to remain stubbornly high, ratings agency Moody's said on Wednesday, as the ...

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 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 ...

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 ...

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’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 ...