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Inside the World Bank’s tough terms for new loans to Kenya
Business and Economy

Inside the World Bank’s tough terms for new loans to Kenya

The World Bank has set more than 10 conditions to unlock a new round of funding for Kenya, including the disclosure of the personal interests

World Bank warns $113 billion Gulf investment in Africa at risk amid Middle East conflict
Business and Economy

World Bank warns $113 billion Gulf investment in Africa at risk amid Middle East conflict

Investment momentum from the Gulf to Sub-Saharan Africa, worth about US$113 billion (Sh14.59 trillion), is at risk of slowing, the World Bank has said. This

Africa: World Bank Drops Climate Funding Target, Raising Fears for Africa
Business and Economy

Africa: World Bank Drops Climate Funding Target, Raising Fears for Africa

The World Bank has abandoned its target of directing 45 percent of its financing to projects that help tackle climate change, prompting warnings that poorer

Absa Bank Kenya and Unilever sign KSh 4bn for SMEs finance
Business and Economy

Absa Bank Kenya and Unilever sign KSh 4bn for SMEs finance

Absa Bank Kenya and Unilever Kenya have signed an agreement for a KES 4 billion financing programme designed to address access to working capital, one

EIB defends climate ‘leadership’ after World Bank scraps financing target
Business and Economy

EIB defends climate ‘leadership’ after World Bank scraps financing target

The European Investment Bank has reaffirmed its commitment to climate finance “leadership” after the World Bank was accused of bowing to US pressure by scrapping

Kenya faces AGOA test as US reviews Ruto's governance record
Business and Economy

Kenya faces AGOA test as US reviews Ruto’s governance record

President Ruto and Donald Trump during the signing of a peace deal between DRC and Rwanda at the Donald J Trump United States Institute of

Absa steps up Kes 4billion push to back Kenya’s FMCG supply chain businesses – Financial Fortune Media
Business and Economy

Absa steps up Kes 4billion push to back Kenya’s FMCG supply chain businesses – Financial Fortune Media

Absa Bank Kenya and Unilever Kenya have signed an agreement for a KES 4 billion financing programme designed to address access to working capital, one

Five insights for building Africa’s inclusive prosperity
Business and Economy

Five insights for building Africa’s inclusive prosperity

For 15 years, the World Bank’s Africa Chief Economist Office and the Agence Française de Développement (AFD), coordinated by World Bank Publications, have worked together

Could phone-based insurance secure Kenya’s device financing boom?
Business and Economy

Could phone-based insurance secure Kenya’s device financing boom?

Two days after leaving hospital, Hellen Atieno returns to her grocery stall in Mariwa trading centre in Migori County, with more than just the fatigue

World Bank-backed programme to release $27 million in performance incentives to Nigeria
Business and Economy

World Bank-backed programme to release $27 million in performance incentives to Nigeria

The announcement was made on Tuesday in Abuja by the programme’s National Coordinator, Dr Assad Hassan, during a retreat attended by commissioners, permanent secretaries