The East African nation is particularly vulnerable given it imports the vast majority of its fuels from the Gulf.
Kenya expects to receive between $580 million and $600 million from the World Bank’s rapid response facility if it seeks ...
WASHINGTON, April 16 (Reuters) - ⁠Kenya ⁠has requested rapid financial support ⁠from the World Bank to help it manage the shocks from ​the war in Iran, its central bank governor told Reuters on ...
Both the IMF and the World Bank played hardball with Kenya in 2025 by freezing all funding after the country failed to abide ...
Kenya, like many African nations, imports the majority of its fuels, and soaring costs have already hammered its economy.
The World Bank has cited three hurdles that Kenya must clear before it unfreezes a Sh96.9 billion ($750 million) loan ahead of June 30 amid the economic shocks triggered by the Iran war.The ...
Kenya’s capital markets regulators are faulting the central bank for excluding non-banks from providing liquidity and setting ...
Kenya Railways cancels a vital tender for 24 DMU air compressors, impacting Nairobi's commuter rail improvements under the ...
The World Bank raised its growth forecast for Kenya, citing low inflation, easier monetary policy, stronger credit growth and resilient agriculture as key drivers behind the revision. It now expects ...
WASHINGTON - Kenya has requested rapid financial support from the World Bank to help it manage the economic shocks triggered by the Iran war, its central ​bank governor told Reuters. Like other ...