Nyeri County in central angling for Ksh352 million World Bank funding under devolution support programme
KDSP is a four-year programme (2024-2027) financed by the World Bank to support capacity building and technical assistance at five key result areas as identified in the national capacity building framework(NCBF).
Privatisation: Kenya Pipeline Company Ltd launches largest ever IPO and first fully electronic public offer in Kenya’s capital markets history
Anchored by KPC’s strong fundamentals, including revenues of Ksh38.6 billion and after-tax profits of Ksh10.37 billion, for the financial year ended 30 June 2025 and supported by its 1,300-kilometre pipeline network that underpins national energy security and regional trade, the IPO marks a defining step in transforming a profitable state enterprise into a people-owned company while strengthening long-term economic resilience.
Manipulated forex: Lenders slow to loosen purse strings to enable Kenya to secure new IMF programme
Kenya will issue a securitised bond this month to raise 175 billion shillings ($1.36 billion) for road building, Mbadi said. It will be backed by a roads maintenance levy charged to motorists for fuel.
Activists accuse IMF of propping Kenya’s ‘borrowing and spending decisions used to sustain political patronage’
They urged the IMF and the World Bank to incorporate demands for better governance in Kenya, not just focus on economic targets, in their assistance programmes.
