Kenya Receives USD 750M from World Bank for Post-Covid Recovery
Government and Policy
The World Bank has approved 750 million US dollars equivalent to 85.77 billion shillings to help Kenya recover from the
By Jane Muia
·Tag: World Bank
20 Kenyan Firms Blacklisted By World Bank Over Fraud
Market News
The World Bank and the African Development Bank have blacklisted 20 Kenyan firms over fraud and quality concerns in projects
By Juma
·World Bank Has Discontinued “Ease of Doing Business” Report
Headlines
The World Bank Group has decided to discontinue publication of its “Doing Business” rankings of country business climates after a review
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Kenya’s Economic Growth Projected to Increase 6.6 % in 2021
Headlines
Kenya’s economic growth has been projected by the National Treasury to increase by 6.6 percent in 2021, up from the
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COVAX, World Bank to Accelerate Vaccine Access for Developing Countries
Africa
COVAX and the World Bank will accelerate COVID-19 vaccine supply for developing countries through a new financing mechanism that builds
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Kenya Takes Another Eurobond Pushing Total Debt to Ksh. 7.4 Trillion
Government and Policy
Kenya has raised 1 billion dollars (approximately 108 billion shillings) in a Eurobond issuance, an interest rate of 6.3 percent
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Kenya Power Set to Boost Its Liquidity from World Bank’s Ksh. 80b Loan
Government and Policy
Kenya Power is set to boost its finances and the Last Mile Connectivity initiative as it benefits from part of
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World Bank Buys Naivas Supermarket Stake Worth Ksh1.5 Billion
Headlines
The World Bank private lending arm, the International Finance Corporation (IFC) have announced that it is on the process of
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World Bank Group to support National Chamber of Commerce to Strengthen Public-Private Dialogue
Government and Policy
The Kenya National Chamber of Commerce and Industry signed an advisory agreement with the World Bank Group’s Kenya Competitiveness Enhancement
By Steve Biko
·Kenya’s Manufacturing Sector at a Mediocre Growth – World Bank
Market News
World Bank’s “Jobs in Global Value Chain” (GVC) report shows that Kenya’s growth in the manufacturing sector is awful. The
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