Kenya borrowed $5.08 billion (Sh656.54 billion) from China Export-Import Bank (Exim) for the construction of two phases of ...

Kenya has been dealt a blow after the World Bank downgraded its economic growth estimate for this year on Tuesday, December 10. The World Bank downgraded the economic growth estimate to 4.7% from an ...

Global commodity prices, inclusive of some food crops, are projected to hit the lowest level in six years in 2026, the fourth consecutive year of decline, the World Bank projects.

Kenya relies heavily on imports for its fertiliser supply, sourcing most of its stocks from China, Russia, and Saudi Arabia.

NAIROBI, December 10, 2024 — Kenya’s GDP is projected to grow at 4.7% in 2024, slower when compared to 5.6% in 2023 and closer to the country’s pre-pandemic average of 4.6% per year between 2011-2019, ...

According to Treasury chief John Mbadi, the international lender wants securitized loans to fund infrastructure projects classified as sovereign debt. Nairobi objects ...

Kenya is in talks with the World Bank and European Union to ramp up its “Hustler Fund” project that is already providing cheap credit to more than 20 million of the country’s poor. A top government ...

Kenya could see its Gross Domestic Product (GDP) reach six per cent, the latest forecast by the World Bank says. This figure is above the Government’s target of five per cent next year. According to ...

The World Bank urged Kenya to reduce high debt levels that are limiting the inclusiveness and sustainability of the east African nation’s economic growth. A sharp rise in borrowing driven partly by ...

Kenya is planning to roll out its first sovereign wealth fund as it looks to safeguard its income derived from oil, gas and minerals mining.

Kenyan bank KCB Group laid out plans for further regional expansion on Wednesday after the country's second-biggest lender by ...