Also known as: The World Bank
World Bank — international development lender funding Kenya's renewable energy and aquaculture projects, with recent involvement in solar grid expansion and economic analysis.
Verbatim sentences from the source article.
The Standard
… While fuel costs are slightly higher in other countries in the region, the sharp increase, coupled with erratic supply, has hit hard in Mozambique, which was listed as the world's second-poorest country in a World Bank economic update published in March 2026.There have been massi …
Middle East fuel crisis keeps Mozambique fishermen ashoreThe Standard
… The World Bank said Thursday Indonesia would likely see growth of no more than 5.0 percent under the strains of high public spending -- lower than the government's target of 5.4 percent. …
Indonesian economy comes up for air but struggles to win back investorsThe Standard
… e objectives, scope and corridor coverage of the project, the Environmental and Social Impact Assessment, the Resettlement Action Plan and the status of preparation of the Stakeholder Engagement Plan, even as the project remains under consideration for financing by the World Bank …
KeNHA to upgrade 536km of road in Rift Valley countiesCitizen Digital
… The World Bank, he said, is now working more closely with the IAEA on nuclear energy projects after years of reluctance by international development finance institutions to engage in the sector. …
IAEA chief backs Ruto's nuclear push despite Kenya's renewable energy successThe Standard
… The World Bank expects global energy prices to rise 24 percent in 2026 because of the conflict. …
Mideast conflict reaches 100th day, casting shadow over global economyThe Standard
The National Treasury Cabinet Secretary John Mbadi will present a pre-election budget today with a gaping Sh1.1 trillion deficit at a time when both the International Monetary Fund (IMF) and World Bank have held back funding, forcing President William Ruto’s government to rely al …
Treasury faces budget squeeze as IMF, World Bank freeze loansThe Standard
… The blood transfusion docket, which has heavily depended on donors such as the World Bank and US President’s Emergency Plan for Aids Relief (PEPFAR), has been allocated Sh853 millionThe allocation for blood services will enhance mobilisation to meet Kenya’s annual demand of 500,0 …
Health spending plan rises to Sh175.5 billion amid donor cutsCitizen Digital
… The event held at the Centre for Mathematics, Science and Technology Education in Africa (CEMASTEA), Nairobi, was graced by officials from the Ministry of Education, Parliament, the World Bank, the Ministry of Information, Communications and the Digital Economy and the ICT Author …
Gov't begins distribution of 10,000 digital learning devices for JSS schoolsThe Standard
… The World Bank has long cautioned that Africa's youth employment challenge is not solved by simply waiting for formal jobs to appear. …
East Africa must give its young people power, not promisesThe Standard
… They analysed World Bank data measuring smartphone penetration and teenage fertility rates in 128 countries.They found that the decline in birth rates accelerated once smartphones became widely available a phenomenon found across countries "with fundamentally different healthcare …
Killing the mood: How smartphones are reducing birth rateSub-Saharan Africa has the world's highest cost for cross-border money transfers, averaging 8.78 percent of amounts sent compared with a global average of 6.49 percent. Binance says blockchain technology and informal savings group models could reduce these costs for families and small businesses.
6 August 2026 · Citizen Digital →
Sub-Saharan Africa has the world's highest cost for cross-border money transfers, averaging 8.78 percent of amounts sent compared with a global average of 6.49 percent. Binance says blockchain technology and informal savings group models could reduce these costs for families and small businesses.
6 August 2026 · Citizen Digital →
The Rural Electrification and Renewable Energy Corporation (Rerec) is racing to meet a September 30 deadline to complete a World Bank-funded Kenya Off-Grid Solar Access Project across 14 underserved counties, with eight weeks remaining to commission 31 solar-powered mini-grids in four counties and install 316 solar-powered water pumping systems despite procurement and logistics challenges.
6 August 2026 · The Standard →
Kenya has achieved about 90 percent renewable electricity generation but faces policy bottlenecks, limited access to finance, and absence of a robust battery storage framework in its push toward 100 percent clean power by 2030, according to industry players and the Kenya Renewable Energy Association.
5 August 2026 · Capital News →
The Rural Electrification and Renewable Energy Corporation plans to hand over 120 newly constructed solar mini-grids across 14 underserved counties by September 30, 2026, as part of a USD 150 million World Bank-funded initiative targeting 5,390 households for new borehole water connections and serving between 75 and 1,835 active users per site.
5 August 2026 · Citizen Digital →
A delegation from IFAD, the World Bank, and the Aquaculture Business Development Programme cited Kirinyaga County as one of Kenya's leading counties in commercial aquaculture, following an assessment of fish farming projects. According to county officials, Kirinyaga has more than 1,600 commercial fish farmers and nine hatcheries producing fingerlings.
5 August 2026 · Citizen Digital →
Lawmakers sitting in the National Assembly's Public Accounts Committee have criticised the delayed digitisation of the Lands Management Information System, claiming that individuals within the Ministry of Lands have frustrated the process to ensure corruption thrives. The Lands Principal Secretary announced the government intends to spend Sh16 billion for full digitisation within five years, while an Auditor General report found only two of 83 state land registries fully digitised.
5 August 2026 · The Standard →
The World Bank reports that artificial intelligence could enable developing countries to gain a century's worth of development in a decade if they address power, connectivity and skills gaps quickly. The report finds that developing economies face fewer job losses from AI than richer nations and have more to gain than to fear.
5 August 2026 · Citizen Digital →
Kenya's flagship economic development plan has failed to achieve its central promise of sustained double-digit annual growth, with sluggish expansion in agriculture and manufacturing sectors consistently holding back the economy. The country's highest growth rate since the vision's launch was 7.6 per cent in 2021.
4 August 2026 · The Standard →
Uganda is hosting three meetings for countries contributing troops to the African Union peace mission in Somalia, culminating in a heads of state summit where participants will assess the security situation, strengthen coordination among contributors, and discuss measures against armed groups including Al Shabaab.
31 July 2026 · The Standard →
Nakuru County plans to establish a modern disaster and emergency centre in Naivasha with Sh120 million in funding, equipped with fire engines and ambulances to respond faster to fires, drownings, and floods. The initiative follows recent fire incidents and drowning deaths in and around Lake Naivasha.
27 July 2026 · The Standard →
Questions have emerged over the East African Development Bank's Kenya operations amid reports of potential loss of about Sh6.6 billion if no action is taken, with stakeholders noting no dividend payouts have been made in years. Stakeholders appearing before Parliament's Finance Committee raised constitutional, governance, and accountability concerns about the proposed East African Development Bank (Amendment) Bill.
25 July 2026 · The Standard →
Twin earthquakes that struck Venezuela on June 24 caused at least $19.6 billion in direct physical damage to buildings and infrastructure, according to World Bank estimates released Thursday. At least 5,398 people were killed, over 16,740 injured, with the UN reporting more than a million in need of immediate humanitarian aid.
24 July 2026 · Citizen Digital →
Sri Lanka's environment minister warned Thursday that El Niño will bring severe drought through September followed by devastating floods from a north-east monsoon in October. The government is urging water conservation and advising farmers to start rice cultivation two weeks early to protect crops.
23 July 2026 · The Standard →
Kenya loses at least Sh29 billion annually to cybersecurity threats, according to the Communications Authority of Kenya. The Office of the Data Protection Commissioner has adopted the ISO 9001:2015 Quality Management System to improve service delivery and strengthen accountability as the digital economy expands.
22 July 2026 · The Standard →
NCBA Bank and African Guarantee Fund have committed $5 million to empower women entrepreneurs in Africa through the AFAWA Women Small and Medium Enterprises Acceleration Programme, which equips women-owned businesses with skills, networks, and access to finance. The commitment was announced at a pitch event where 32 women entrepreneurs presented their business plans to an investment panel.
21 July 2026 · The Standard →
An opinion piece argues that World Bank lending in developing countries, including Kenya, often fails to deliver development outcomes proportional to borrowed amounts, due to weak oversight, political interference, and poor transparency. The writer calls for stricter accountability mechanisms to ensure funds are traced from Washington through national treasuries to ground-level project delivery.
20 July 2026 · The Standard →
An opinion piece argues that the World Bank should impose stricter accountability measures before and after lending to developing countries. The article contends that while the bank aims to reduce poverty and promote shared prosperity, weak oversight and poor transparency have allowed development loans to become tools of political convenience rather than instruments of transformation, with Kenya cited as an example where public debt has risen sharply but development outcomes have not matched the scale of borrowing.
20 July 2026 · The Standard →
Twin earthquakes of magnitude 7.2 and 7.5 struck Venezuela on June 24, killing 5,069 people and injuring 16,740, with the worst damage in the coastal state of La Guaira. The country has drawn $346 million from the International Monetary Fund for reconstruction efforts.
18 July 2026 · Citizen Digital →
An opinion piece argues that Africa, despite holding 30% of global critical mineral reserves and 60% of the world's best solar resources, receives only 2% of global clean energy investment. The gap is attributed to pricing issues rooted in currency volatility, sovereign-risk perception, and weak regulation, as rich countries borrow at 1–4% interest while poorer countries face rates around 14%.
17 July 2026 · Citizen Digital →
Africa holds 30% of global critical mineral reserves and 60% of the world's best solar resources, yet receives only 2% of global clean energy investment, constrained by high borrowing costs and weak infrastructure that hinder the continent's role in the global green transition.
17 July 2026 · Citizen Digital →
Ugandan prosecutors have withdrawn a case against two women in their 20s arrested in February for kissing in public under the country's 2023 Anti-Homosexuality Act, which imposes penalties up to life imprisonment for consensual same-sex relations. A human rights lawyer welcomed the decision but said it should never have reached court, and called for the law to be repealed.
17 July 2026 · The Standard →
Specialized foreign recruitment networks are systematically targeting economically vulnerable young men across West and East Africa, including Ghana and Uganda, with false promises of lucrative employment and migration opportunities to draw them into the Russian armed forces fighting in Ukraine. According to the Ukraine-backed "I Want to Live" project's Foreign Casualty Database, Ghana ranks among countries with the second-highest losses of foreign nationals on the battlefield.
16 July 2026 · Citizen Digital →
Foreign recruitment networks are systematically targeting economically vulnerable young men across West and East Africa, particularly in Ghana and Uganda, with false promises of employment and migration to draw them into the Russian armed forces fighting in Ukraine. According to investigative data and reports from families, hundreds of youth seeking to escape high domestic unemployment have vanished into Russian military ranks.
16 July 2026 · Citizen Digital →
Kenya's foreign exchange reserves are set to reach a seven-month high following proceeds from the government's sale of a 15 per cent stake in Safaricom totalling Sh244.5 billion, World Bank funding of $750 million, and Kenya Pipeline Company privatisation receipts of Sh103.45 billion received in April, with the CBK expecting the shilling to remain stable.
16 July 2026 · The Standard →
Kenyan senators have challenged Environment CS Deborah Barasa over weak enforcement of environmental laws, arguing that despite Kenya's comprehensive pollution control legal framework, continued industrial emissions, toxic waste dumping, and water contamination indicate serious implementation gaps. The lawmakers directed much criticism at the National Environment Management Authority (NEMA), questioning its effectiveness in enforcing environmental standards.
15 July 2026 · Capital News →
Kenyan politicians are hiring armed thugs—called "goons"—for as little as 500 shillings ($4) per day to break up rival rallies and attack protesters, with a recent study revealing a rate card ranging from 500 shillings for local councillors to 1,000 shillings for members of parliament.
15 July 2026 · Citizen Digital →
President Ruto's administration avoided sovereign default despite Kenya being among six African economies at elevated risk of debt distress, meeting external obligations while peers defaulted. However, macroeconomic stability has come at the cost to households and businesses, with aggressive tax collection and debt servicing consuming government revenue while leaving limited fiscal space for development.
15 July 2026 · The Standard →
The World Bank estimates Kenya's poverty rate could rise by 2–4.5 percentage points in 2026, pushing 1–2.4 million more people below the poverty line as job shortages, rising fuel prices, and informal employment squeeze household incomes. Urban households are expected to be hit hardest due to their reliance on commercial transport and energy.
14 July 2026 · The Standard →
The World Bank estimates Kenya's poverty rate could rise by 2–4.5 percentage points in 2026, pushing up to 2.4 million more people below the poverty line, as rising fuel prices and informal employment squeeze household incomes. Urban households are expected to be hit hardest because they rely more on commercial transport and energy.
14 July 2026 · The Standard →
Kenyan politicians are hiring armed thugs for as little as $4 per day to break up rival rallies and attack protesters ahead of next year's elections, according to a Nairobi-based research firm. Goons, often drawn from impoverished communities, are increasingly employed in dozens or hundreds at a time, with police frequently turning a blind eye.
13 July 2026 · The Standard →