world Bank
World Bank Warns 811 Million People Trapped in Extreme Poverty
The World Bank has warned that global efforts to reduce extreme poverty have stalled, with 811 million people, equivalent to one in 10...
SABRINA BT3 Mins read
Kenya’s Economy to Grow by 4.3% in 2026-World Bank Forecast
Kenya’s GDP growth is pegged at 4.3% by the World Bank, a clear divergence with the National Treasury's target range of 5.0%–5.3% as...
JACKSON OKOTH1 Mins read
Kenya to Get Ksh70B Ebola Funding from US, World Bank
Kenya is preparing a financial response to Ebola after confirming its first imported case, with the government working to mobilise over Ksh 70...
SABRINA BT1 Mins read
World Bank Lists High Taxes, Expensive Credit Among Kenya’s Investment Challenges
A new World Bank Country Private Sector Diagnostic has warned that high taxes, expensive credit, unreliable utilities, regulatory uncertainty and governance challenges are...
SABRINA BT2 Mins read
World Bank Mobilises Ksh14.5T in Private Capital as Kenya Faces Jobs Challenge
The World Bank Group has recorded a sharp increase in private capital directed towards developing economies, raising approximately Ksh 14.51 trillion in the...
SABRINA BT2 Mins read
World Bank Warns Kenya’s Debt-Fuelled Growth Is Failing to Create Jobs
The World Bank has warned that Kenya's heavy reliance on borrowing to finance economic growth is no longer creating enough quality jobs and...
SABRINA BT3 Mins read
Kenya Gets Fresh Ksh97B World Bank Lifeline for Fiscal Reforms
Kenya is set to benefit from a Ksh 97.1 billion ($750 million) World Bank financing package that will support a new wave of...
SABRINA BT2 Mins read
World Bank Warns Middle East Conflict Could Push 2.4 Million Kenyans Into Poverty
Kenya could see millions more people pushed into poverty this year as the economic shock from the ongoing Middle East conflict ripples through...
SABRINA BT3 Mins read
KDC, World Bank to Mobilize Green Capital For SMEs
Kenya Development Corporation (KDC) hosted senior officials from the World Bank for a high-level progress review of Component 3 of the Kenya Jobs...
BILL YAURA2 Mins read
