World Bank's project guarantee fund is covering three clean energy projects in Kenya, significantly boosting investor ...

The World Bank has approved a credit from the International Development Association (IDA) in the amount of $219.8 million (approximately CFAF 133 billion) to support Mali in improving ...

The World Bank has cut Kenya's growth forecast for this year by half a point from its initial prediction to 4.5%, it said on ...

Kenya risks defaulting on its loans if it fails to deal decisively with corruption in the public sector, cut the wage bill, and review its uncertain tax policies.In a strongly worded public finance ...

Stanley Fischer, who helped shape modern economic theory during a career that included heading the Bank of Israel and serving ...

Minister of Planning, Economic Affairs and Development Kennedy Swaratsingh has announced plans to secure up to US$5 billion ...

Kenya’s economic growth rate is expected to slow for the second straight year amid headwinds from tight public finances and ...

The World Bank has recommended that Kenya raise the income tax rate for its highest earners to 38% as part of efforts to ...

The World Bank has urged Kenya to freeze public sector hiring for two years, redeploy existing staff, and cut costly ...

Barrick Mining has asked the World Bank's arbitration tribunal to intervene in legal proceedings in Mali, facing the ...

The Economic Affairs Division has initiated work on a comprehensive implementation framework for unlocking a $40 billion ...