The World Bank has cautioned Kenya’s government about the private sector’s continued exclusion from the local debt market as a result of excessive borrowing. The multilateral...
According to the World Bank, compared to the 2000–2010 era, the economic development of developing countries will slow by over a third in the ensuing seven...
Kenya’s current account deficit is expected to hit a record high of 6 percent by end of this year before it starts narrowing down in the...
The remodelling of Kenya’s growth model to boost productivity and job creation will require interventions that focus on competitiveness and inclusivity, the World bank has said....
World Bank has assured Kenya of its continued support as the country strives to become an upper middle-income country, anchored under the Vision 2030 blue print....
President William Ruto will hold talks with World Bank Group’s private sector lending arm’s managing director Makhtar Diop on Friday, to explore ways Kenya can tap...
The threat of a global recession is growing as central banks focus on bringing down soaring inflation rates,the World Bank warned Thursday, calling on governments to...
The World Bank has urged Kenya to enroll more private hospitals into the National Hospital Insurance Fund (NHIF) scheme and cover medicines to mitigate out-of-pocket (OOP)...
The World Bank has approved a $100 million grant to support the continuation of Somalia’s reform efforts in reaching the Completion Point of the Heavily Indebted...
The international finance corporation is the investment wing of the World Bank Group that focuses on the private sector in developing countries. They offer investment, advisory,...