world Bank

61 Articles
UK-China trade relations
ECONOMYOPINION

British Companies’ Vote Of Confidence In UK-China Trade Relations

It is a story that is yet to be given the weight it deserves amid the political noises that oftentimes characterizes the discourse...

The Future Bora initiative is one of the projects under the Kenya Youth Employment and Opportunities Project (KYEOP) funded by the World Bank through a KSh15 billion credit aimed at empowering more than 280,000 youths between the ages of 18 and 35 years.
BUSINESS

4 Kenyan Firms Receive Ksh120 Million Govt Grant

The Future Bora Initiative, which was launched in October last year, aimed at infusing capital to organizations that are creating income-generating opportunities for...

A construction site in Nairobi. The online portal allowing developers to apply for various approvals is set to resume operations after a three-week disruption. [Photo/ ConstructioninKenya]
BUSINESS

When Nairobi Construction Approvals Will Resume – NMS Announces

The disruption was blamed on hackers who, working with insiders, infiltrated the e-construction development plans application system and issued at least 18 approvals...

KenGen team of engineers drilling the first geothermal well for Ethiopia Electric Power (EEP) company, setting in motion Phase II of Ksh.7.6 billion contract.
BUSINESS

KenGen Begins Drilling Ksh7.6B Ethiopia Geothermal Wells [PHOTOS]

Under this project, which is financed by the World Bank through a loan to the Ethiopian Government, a total of eight (8) wells...

China Debt Relief
ECONOMYFEATURED STORY

Sub-Saharan Africa To Get Debt Relief From China

The Covid-19 related economic disruption has resulted in an approximately 40% of Sub-Saharan Africa countries being at risk of debt distress that will...

OPINION

Critical Success Factors for Kenya’s SME Guarantee Scheme

Key design factors in the design of a credit guarantee scheme are; coverage ratio, total funding, minimum guarantee amount, duration, and eligibility

FEATURED STORY

Sh22mn World Bank Grant to Ease Shelter Afrique’s Credit Rating Woes

American financial services company Moody's withdrew the Caa1 credit rating for Shelter Afrique in 2017 following financial turbulence amid claims of mismanagement and...

FEATURED STORY

KenGen CEO Contract Renewed For Another 3 Years

Board cites growth in assets, impressive financial results and the maintenance of adequate cash flow as reasons for reappointment

Diamond Trust Bank Chief Executive Nassim Devji.
FEATURED STORY

Diamond Trust Bank Secures Sh5.4bn Loan to Finance Kenyan SMEs

The funds are being provided under IFC’s global $8 billion COVID-19 facility, launched in March to protect jobs and support businesses globally