International development institution releasing Kenya economic analyses, approving loans, and establishing collaboration frameworks on governance and private sector growth.
… 's IFC eyes 6.5% Quickmart stake in Ksh1.94B deal By Vincent Obadha October 07, 2026 02:34 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Audio By Vocalize The International Finance Corporation (IFC), the World Bank Group …
Kenya can create more than 80,000 direct jobs and mobilise up to Sh193.5 billion in private investment by fixing a narrow set of policy bottlenecks in three sectors, the World Bank Group said on Wednesday, offering a practical growth agenda at a moment of intense political pressu …
Kenya can unlock Ksh.194B and 80,000 jobs across three sectors - World Bank By Brian Kimani October 01, 2026 07:30 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter World Bank Group President Ajay Banga with President Willia …
… Audio By Vocalize Strathmore University and the World Bank Group have inked a new partnership aimed at availing global development experience to lecture rooms while creating new pathways for students, researchers and innovators. …
… ss much-needed financing.At the time, the sacco was benefiting from funding under the Supporting Access to Finance and Enterprise Recovery (SAFER) initiative, implemented by the Kenya Development Corporation (KDC) in partnership with the National Treasury and the World Bank Group …
… The consultative meeting brought together representatives from the national and county governments as well as the World Bank Group to review progress under existing agricultural programmes and develop a roadmap for AgriConnect. …
… The 2020 World Bank Group report revealed that 57 per cent of adolescent girls stay at home during menstruation because of the lack of private changing rooms at school. …
2.4 million Kenyans risk falling into poverty by end of December 2026 - World Bank By Jimmy Mbogoh July 09, 2026 10:32 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter President of the World Bank Group Ajay Banga attends th …
Government plans 10-year irrigation expansion for food security
6
·Citizen Digital
… Other participants included representatives from the State Department for Agriculture and development partners such as the World Bank Group, International Finance Corporation (IFC), International Fund for Agricultural Development (IFAD), Japan International Cooperation Agency (JI …
… Other participants included representatives from the State Department for Agriculture and development partners such as the World Bank Group, International Finance Corporation (IFC), International Fund for Agricultural Development (IFAD), Japan International Cooperation Agency (JI …
The International Finance Corporation has conditionally committed KSh1.94 billion for a 6.5 per cent stake in Quickmart through the supermarket chain's ongoing Initial Public Offering, positioning itself as a cornerstone investor as Quickmart seeks to raise KSh15 billion and list on the Nairobi Securities Exchange.
The International Finance Corporation has conditionally committed KSh1.94 billion for a 6.5 per cent stake in Quickmart through the supermarket chain's ongoing Initial Public Offering, positioning itself as a cornerstone investor as Quickmart seeks to raise KSh15 billion and list on the Nairobi Securities Exchange.
The World Bank Group released a Country Private Sector Diagnostic identifying avocado and mango production and processing, coastal tourism, and medical consumables manufacturing as sectors with potential to create more than 80,000 direct jobs and mobilise up to Sh193.5 billion in private investment if specific regulatory, tax and planning constraints are removed.
The World Bank's Private Sector Diagnostic report has identified avocado and mango, medical consumables, and coastal tourism as three sectors with untapped potential where Kenya can unlock up to Ksh.194 billion in investments and more than 80,000 job opportunities, aligning with Vision 2030 priorities.
Strathmore University and the World Bank Group signed a Memorandum of Cooperation on September 1, 2026, establishing a framework for collaboration in human capital development, student mobility, research, digital transformation, innovation, and knowledge exchange. Students will engage with World Bank experts through guest lectures, research discussions, mentorship, and exposure to development projects.
A group of boda boda riders in Nairobi's Ngando area started a self-help group in 2020 to pool and save money for business expansion and financial support. After a bank declined their loan application, they accessed financing through Apstar Sacco, which was supported by the SAFER initiative.
The Government plans to import 25 million 90-kilogramme bags of maize to address an anticipated deficit from reduced harvests in major maize-growing regions and avert a food crisis. Agriculture Cabinet Secretary Mutahi Kagwe said arrangements were already under way and the Government had measures in place to maintain adequate food supplies despite production challenges.
In Samburu County, the Samburu Girls Foundation has distributed dignity kits to 1,800 vulnerable adolescent schoolgirls and women of reproductive age to help them attend school during menstruation and overcome stigma. The initiative, led by Dr Josephine Kulea, combines awareness sessions on menstrual hygiene management with kit distribution to address cultural barriers and improve girls' well-being and self-esteem.
The World Bank's Kenya Economic Update projects that between one million and 2.4 million Kenyans could fall into poverty by the end of 2026, with the poverty rate potentially rising by 2–4.5 percentage points. The institution attributes the risk partly to Middle East conflict intensifying inflationary and external pressures.
The government has committed to expanding irrigation across the country through the National Irrigation Sector Investment Plan (NISIP) 2025–2035, which aims to expand irrigation by one million acres, optimise productivity in existing public schemes, strengthen farmer-led irrigation, and unlock greater private sector investment.
The government has committed to expanding irrigation across the country through a 10-year National Irrigation Sector Investment Plan (2025–2035) that aims to expand irrigation by one million acres, optimise productivity in existing public schemes, strengthen farmer-led irrigation, and unlock private sector investment as part of efforts to strengthen food security and build climate resilience.
The World Bank Group has approved a Ksh.161.8 billion loan to Kenya to support governance reforms and development, with Ksh.97.1 billion allocated as a Development Policy Operation to create jobs and attract private investment. The support program will focus on strengthening governance and preventing corruption, with Kenya expected to introduce stronger penalties and improved disclosure requirements.
Kenya has unveiled a Disaster Risk Financing Strategy for 2026–2030, launched by the National Treasury with UN support, aimed at shifting from emergency response to preparedness and investment in financial resilience against climate-driven disasters.
Kenya's Public Private Partnership (PPP) portfolio has reached Sh1.7 trillion across 51 projects in infrastructure sectors including transport, energy, water, and digital connectivity. Ten projects are already under implementation while forty-one remain at various stages of the PPP project cycle, as the government seeks private sector participation to bridge infrastructure financing gaps.
Kenya is increasingly positioning Public Private Partnerships at the centre of its infrastructure financing strategy amid growing development demands and public finance pressure. The Kenya PPP Symposium 2026 convened government officials, institutional investors, banks, and private sector players to discuss infrastructure investment mobilisation and private capital participation.
Makhtar Diop, Managing Director of the International Finance Corporation, will visit Nairobi on May 11–12 to lead the World Bank Group's delegation to the Africa Forward summit, which aims to deepen Africa–France partnerships and mobilize private-sector investment for sustainable development.
The Kenya Development Corporation is participating in the Africa Forward Summit 2026 in Nairobi (May 11–12), jointly convened by Kenya and France, to mobilize financing and partnerships for youth-led innovation. KDC is positioning itself as a development finance driver supporting digital entrepreneurship, creative industries, fintech, and emerging technologies.
Kenya Development Corporation is participating in the Africa Forward Summit 2026 in Nairobi (May 11–12), jointly convened by Kenya and France, to advance innovation-led growth and youth-led enterprise. KDC Director General Norah Ratemo stated that the corporation is providing affordable and inclusive financing to enable creatives, innovators and digital entrepreneurs to scale ideas into sustainable enterprises.