The US treasury has disclosed that the International Monetary Fund (IMF) emergency loans diverted Kenya’s economic crisis during the pandemic. Kenya had limited access to commercial...
Over the last three years, the World Bank and the International Monetary Fund (IMF) have increased lending to Kenya, while Chinese loan deals have decreased, strengthening...
After receiving the majority of World Bank-funded projects, Chinese contractors solidified their grip on Kenya’s public infrastructure. A selection of recent Kenya National Highways Authority (KeNHA)...
The World Bank is set to give Kenya $200 million to support various development projects to improve food security in the country. On Monday, Vinay Kunar...
Kenya’s additional loan request has been approved by the World Bank and it is set to provide an additional Ksh.14 Billion ($130 million) that will enable...
Treasury is set to introduce an issuance threshold of Sh 50 Billion on local bonds under proposed measures to reduce the government’s domestic borrowing. The proposed...
The Central Bank of Kenya (CBK) has begun market reforms that are aimed at cutting the dominance of large commercial banks in government securities. This is...
Kenya Power is set to receive a massive financial boost as the Treasury begins to clear outstanding debt owed to the power grid. The first batch...
Kenya lost approximately Sh560 billion of Gross Domestic Product (GDP) caused by the effects of the Covid-19 pandemic on the economy. “The opportunity cost of saving...
Kenya and three other countries in sub-Saharan Africa could earn as much as Sh30 trillion in investment opportunities in clean energy financing over the next ten...