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
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·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 …
World Bank approves Ksh.161.8 billion loan for Kenya By Moses Kinyanjui June 30, 2026 01:21 (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 William Ruto on the sidelines …
… Development partners supporting the initiative include the European Union, the United Kingdom Foreign, Commonwealth and Development Office, the Government of Italy, the World Bank Group and the World Food Programme. …
… Backed by the World Bank Group, the symposium reflected growing international confidence in Kenya’s infrastructure financing environment, transaction governance systems, and expanding pipeline of investment-ready PPP projects requiring sophisticated long-horizon capital participa …
… Backed by the World Bank Group, the symposium reflected increasing international confidence in Kenya’s infrastructure financing framework, transaction governance systems, and pipeline of investment ready projects. …
NAIROBI, Kenya, May 11—Makhtar Diop, Managing Director of International Finance Corporation, a member of the World Bank Group, will visit Nairobi on May 11-12. …
… KDC will also take part in the AIM2030 High-Level Breakfast Meeting under the Africa Initiative for Medical Access and Manufacturing, a programme supported by the Government of Kenya, the African Union Commission, and the World Bank Group. …
… ion and economic transformation."KDC will also engage in the AIM2030 High Level Breakfast Meeting under the Africa Initiative for Medical Access and Manufacturing (AIM2030), a flagship programme led by the Government of Kenya, the African Union Commission and the World Bank Group …
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.
Why it matters
World Bank projection that 2.4 million Kenyans risk poverty by end 2026 signals a critical economic threat to household welfare that affects millions of readers.
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.