Search

Kenya Secures $1.2 Billion from World Bank to Address Budget Constraints

  • World Bank’s DPO financing to support Kenya’s development projects and budgetary challenges
  • Loan includes conditions for fiscal reforms and operational efficiency

 

Nairobi, Kenya – Kenya has successfully secured $1.2 billion from the World Bank’s Development Policy Operations (DPO) financing, a deal that has been in the works since 2019. This funding is aimed at helping the country address ongoing development projects and budgetary challenges.

Recent Business

Busy street of Accra, Ghana. Photo by Jozua Douglas @ Pixabay
Foreign investors trim Ghana bond exposure as local banks anchor market liquidity
Read More »
Open mine site. Photo by Mining Watch @ Unsplash
Can copper and lithium reposition Africa in the 2026 global trade battle?
Read More »
Coffee Photo by Pariwat Pannium @ Unsplash
Uganda coffee exports hit $2.4bn, marking strongest decade for sector
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »

Latest Posts

Latest news insights