world Bank
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...
BUSINESS TODAY3 Mins read
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...
DENNIS MUNENE3 Mins read
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
BUSINESS TODAY2 Mins read
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...
Samuel Gitonga2 Mins read
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
Samuel Gitonga1 Mins read
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
BT Reporter1 Mins read
Kenyan SMEs The Most Adversely Affected by COVID-19 in Sub Saharan Africa
75% of Kenyan SMEs on Facebook are reporting lower sales this year than last year
Samuel Gitonga2 Mins read
How Kenya’s Elite Siphoned Sh328 Billion Aid Money to Offshore Accounts
Report authors point fingers at Kenyan politicians over looted money meant to help poor Kenyans
BT Reporter3 Mins read
Counties in Kenya Whose GDP Surpasses National Government’s
There are significant differences in the size of economy across counties counties with urban counties making large contributions to the national GDP.
Hakeenah N. Njenga2 Mins read
