… The EU, European Investment Bank, African Development Bank, Africa Finance Corporation, World Bank and the United States are all supporting the initiative in partnership with Angola, Zambia and the DRC. …
… The UN chief argued that the current international financial architecture was designed without Africa’s participation, leaving the continent disadvantaged in institutions such as the International Monetary Fund (IMF), World Bank, and the United Nations Security Council. …
… According to World Bank data cited during the event, SMEs account for more than 80 per cent of employment in Kenya and contribute nearly 40 per cent of the country’s gross domestic product. …
PS Kimotho roots for farmer-led irrigation in talks with World Bank delegation By Joseph Muia May 07, 2026 05:42 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Irrigation PS Ephantus Kimotho at Maji House in Nairobi durin …
Audio By VocalizePrincipal Secretary Ephantus Kimotho Kimani and World Bank officials during a meeting at Maji House in Nairobi on irrigation reforms and food security programmes. …
… He added that training programmes and help desks would be set up to assist motorists and stakeholders adapt to the new platform.NTSA said the system, supported by the World Bank as part of efforts to digitise transport management, will integrate directly with insurance, inspectio …
… The share of Kenya's formal employment has fallen from 18.5 per cent in 2010 to 15.5 per cent in 2024, a structural retreat that is eroding the promise that a degree once carried.Kenya's youth unemployment rate stood at 11.9 per cent in 2024, while the World Bank estimates that n …
The World Bank warned on Tuesday that Kenya and other developing economies face a prolonged cost-of-living squeeze from a 24 per cent surge in energy prices driven by the Middle East war, urging governments to shield the poorest households through targeted support while accelerat …
Energy costs this year to hit highest since Ukraine invasion: World Bank By AFP April 29, 2026 06:23 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter A vandalized sign about politicians, foreign oil, and gasoline taxes show …
Illegal fishing costs the world economy up to $50 billion yearly. Fifteen countries signed the Mombasa Declaration in Mombasa last week, calling for greater transparency in vessel ownership, fishing authorizations, and catch activity to close enforcement gaps that allow illegal operators to work in international waters.
Illegal fishing costs the world economy up to $50 billion yearly. Fifteen countries signed the Mombasa Declaration in Mombasa last week, calling for greater transparency in vessel ownership, fishing authorizations, and catch activity to close enforcement gaps that allow illegal operators to work in international waters.
Prime Minister Abiy Ahmed's Prosperity Party secured 438 of 486 seats in legislative polls held June 1, winning roughly 90 per cent of contested seats. Elections took place in 501 of 547 constituencies with about 40 million people voting, though the party faced a divided opposition that did not field candidates in many constituencies.
A string of West African countries have outlawed same-sex relations in recent months, further eroding LGBTQ rights on a continent where they were already under attack. Of Africa's 54 countries, only about 20 do not currently criminalise same-sex relations.
President William Ruto represented Kenya at the G7 Summit in Évian, France (15–17 June 2026), positioning Kenya as an agenda-shaping partner. He argued for a shift away from aid dependency toward mutually beneficial partnerships and investment-driven development, and stated that Africa can no longer be viewed through a deficit lens in global decision-making.
Agriculture Cabinet Secretary Mutahi Kagwe launched the Kenya AgriConnect Compact (2025–2030), a Ksh.1.47 trillion partnership with the World Bank to modernise agriculture through technology, digitisation, and agritech platforms, with the government committing Ksh.492.5 billion and seeking Ksh.984.9 billion in private investment.
President William Ruto has called for Africa's inclusion in reforming international financial and governance institutions, including the UN Security Council, IMF, and World Bank, arguing these institutions need to be democratised for the benefit of all nations. He made the remarks during a media interview in Evian, France, on the sidelines of the G7 Summit.
President Ruto participated in the G7 Summit in France as an agenda-shaping partner and stated that Kenya will benefit from G7-backed financial reforms including guarantees, risk-sharing instruments, and improved debt restructuring frameworks aimed at lowering capital costs for developing countries. Ruto positioned Africa as a partner in global growth and raised concerns over "capital injustice" and outdated perceptions affecting African borrowing costs.
Farmers in Kenya's Arid and Semi-Arid Lands are using technologies such as ripping, zai pits for water harvesting, mulching, and crop diversification to increase productivity and reduce dependence on food aid. With the right knowledge, financing, and climate information, these farmers are building resilient livelihoods and producing food even under challenging conditions.
NTSA Director General Nashon Kondiwa has dismissed focus on matatu graffiti as a distraction from deeper structural problems in Kenya's public transport sector, arguing that graffiti is a symptom of the industry's financial and operational model rather than a priority issue for the authority.
Mozambique's government raised fuel prices in early May citing Middle East conflict impacts on supply, preventing many fishermen in Maputo from affording fishing trips. The price hikes—petrol up 12 percent and diesel nearly 46 percent to a record $1.8 a litre—have left around 1,800 fishermen and nearly 290 boats idle, with local fishing leaders warning the crisis affects families dependent on fishing as their sole income.
Indonesia's economy, battered by high global oil prices and costly fuel subsidies, has seen its rupiah currency rebound and stock market gain ground this week after the central bank raised its base lending rate by 75 points in back-to-back hikes. However, critics warn that government policies including tighter export controls and moves to tighten parliamentary oversight of the central bank are deterring foreign investors at a critical moment for Southeast Asia's largest economy.
Kenya National Highways Authority (KeNHA) announced plans to upgrade 536 kilometres of rural roads and corridors across Rift Valley counties under the Roads for Rural Economic Development Project, aiming to improve rural connectivity, enhance market access, and spur economic growth in agricultural areas.
The head of the UN's International Atomic Energy Agency has defended Kenya's pursuit of nuclear power despite the country already generating more than 90 percent of its electricity from renewable sources, arguing that energy decisions must account for future needs beyond current success.
The Middle East conflict that broke out in late February has disrupted energy supplies and triggered the largest oil supply disruption in history, with global oil supply losses reaching 12.8 million barrels per day. International institutions including the OECD have lowered global growth forecasts, citing the prolonged conflict as a major source of uncertainty affecting inflation, financial markets and supply chains.
The National Treasury Cabinet Secretary will present a pre-election budget with a Sh1.1 trillion deficit as both the IMF and World Bank have held back funding, forcing the government to rely on domestic borrowing or new taxes. The World Bank has yet to disburse a Sh96.9 billion loan under its Development Policy Operation, with negotiations still ongoing.
Kenya's health docket has been allocated Sh175.5 billion in the 2026/27 Budget Estimates, a Sh37.5 billion increase from the current year, as the government accelerates Universal Health Coverage rollout amid reductions in donor support.
The government, through the Kenya Digital Economy Acceleration Project, has begun distributing teacher laptops and 65-inch interactive smart boards to 10,380 Junior Secondary Schools nationwide, with the distribution flagged off at an event in Nairobi attended by education and technology ministry officials and the World Bank.
An opinion piece argues that as East African finance ministers prepare budgets totalling roughly USD 125 billion across six countries, the real test will be whether these budgets shift power and decision-making to young people who must live with today's consequences, rather than simply funding government activity.
A National Bureau of Economic Research paper found that access to the iPhone correlated with reductions in births by 4.5–8.0 per cent at ages 15–19 and by 3.2–6.6 percent at ages 20–24, though researchers stress iPhones are not the "sole cause" of the 22 per cent decline in US fertility rates since 2007.
Nigeria is building a six-lane, 700-kilometre Lagos-Calabar Coastal Highway along the Atlantic coastline, costing an estimated $11 billion and due for completion by 2028. The project, a flagship initiative of President Bola Tinubu, is raising questions about its sustainability amid rising sea levels and impacts on protected forests and fishing communities.
On 27 May 2026, the Global Partnership for Poverty Alleviation and Development was formally established in Beijing, co-initiated by China, 53 other countries, and nine international organisations. The partnership is founded on mutual respect, non-conditionality, and sovereign right to determine poverty reduction strategies, representing a departure from conditionality-driven frameworks.
Stakeholders have urged Kenya to prioritize safer and more inclusive streets that better protect pedestrians and cyclists, who form the backbone of daily mobility across the country, as the world marks World Bicycle Day. According to Kenya's 2023/24 Housing Survey, 72.7% of Kenyans walk to work, with walking accounting for nearly half of daily trips in Nairobi.
Kenya's government will disburse the second tranche of NYOTA business support start-up capital on June 30, benefiting 122,147 youth across all 1,450 wards in a nationwide simultaneous payout. The programme, part of a five-year job creation pipeline supported by the World Bank, provides skilling, entrepreneurship training, mentorship, and market access to vulnerable and marginalised youth.
An opinion piece argues that hosting the 2026 Madaraka Day celebrations in Wajir County represents national acknowledgement that Northern Kenya, historically marginalised through post-independence policies and security concerns, deserves inclusion in Kenya's development agenda.
The Government of Kenya, in partnership with the World Bank, has announced the second tranche of start-up capital under the National Youth Opportunities Towards Advancement (NYOTA) project will be disbursed by June 30, 2026. All beneficiaries will receive funds simultaneously, marking a shift from the earlier phased disbursement approach.
Kenya has renewed its commitment to ensuring digital transformation and AI development leave no one behind, with government and industry leaders calling for accessibility to become a core pillar of Africa's digital future. Speaking at the opening of the 7th Inclusive Africa Conference in Nairobi, Cabinet Secretary William Kabogo and inABLE Executive Director Irene Mbari-Kirika urged governments, businesses and technology developers to place persons with disabilities at the centre of digital innovation and policy-making.
Kenya is courting Portugal for financing and private investment to bring one million additional acres under irrigation, seeking technical support and partnership through Portugal's Small Projects Fund and public-private partnerships to support irrigation infrastructure including dams, water systems and canal improvements.
Tana River, a county in Kenya's ASAL regions, has faced persistent farming challenges due to prolonged droughts and floods. Solar-powered irrigation is transforming agricultural livelihoods for farmers like Ibrahim Wayu, who previously experienced crop losses from both dry spells and flooding.
Nigeria's President Bola Tinubu will run for re-election in January 2027 and is set to be named his All Progressives Congress party's candidate at a ceremony in Abuja on Sunday after winning the party's primary.