World Bank

Kenya receives Sh28.7b from World Bank to boost farmers

Reading Time: 2 minutes World Bank has approved $250 million (Sh28.7 billion) credit to support 500,000 small-scale farmers in Kenya in 26 counties currently […]

Kenya to receive Ksh85B from World Bank

Reading Time: < 1 minute Kenya is set to receive Ksh85.7 billion from World Bank under its Development Policy Operation (DPO) programme. The money is […]

Kenyas’ Agrotech secures Sh1m World Bank funding

Reading Time: < 1 minute Kenya’s Agricultural Technology Enterprise, Agrotech has been awarded Sh1 million by World Bank for advancing financial inclusion to small holder […]

Kenya to get Ksh22.7b from WB for food security projects

Reading Time: 2 minutes CREDIT: World Bank will loan Kenya $200 million (Sh22.7 billion) to support various development projects designed to enhance food and […]

Kenya Mortgage Refinance Company gets nod to raise Sh11b bond

Reading Time: 2 minutes Capital Markets Authority (CMA) has approved an unsecured Sh10.5 billion medium-term note for Kenya Mortgage Refinance Company (KMRC) from the […]

WB raises concen over banks’ large NPL ratios

Reading Time: 2 minutes World Bank has raised concern that the high stock of non-performing loans (NPLs) held by bank’s risks slowing down or […]

Banks trade in forex reaps good returns

Reading Time: 2 minutes Equity Bank rode the remittances wave and leveraged recovery of international trade to curve close to 25 per cent of […]

WB credits Kenya Sh16b in fight against climate change

Reading Time: 2 minutes National Treasury yesterday tapped Sh16 billion from the World Bank for strengthening Kenya’s resilience to climate change knocks. The 10-year […]

IMF chief survives China bias claims, board clears path

Reading Time: 2 minutes Noel Wandera and Agencies BUSINESS: Kristalina Georgieva will remain as head of the International Monetary Fund (IMF) after the lender’s […]

Economy of Kenya on the growth path, says Uhuru

Reading Time: 2 minutes Kenya’s economy performed better than many countries in the wake of the Covid-19 pandemic, President Uhuru Kenyatta has said. He […]