Tag: world bank
Kenya to set up 136 solar mini-grids for remote communities
Reuters
Kenya is constructing 136 solar powered mini-grids in far-flung areas not properly served by the national electricity grid, Energy Cabinet Secretary Davis Chirchir said on Monday.Off-grid solar power, spearheaded by start-ups, has gained po
President Ruto asks World Bank, IMF to align their plans with Africa's aspirations
PS CU
President William Ruto
World Bank to support Hustler Fund - State House
TV47
The World Bank has pledged to support the Hustler Fund to lift Kenya’s most vulnerable group, this is according to State House Spokesperson Hussein Mohamed.The promise, Hussein says, was made during a consultative meeting between Presiden
Kenya's economy to grow 5.5% in 2022 vs 7.5% last year, World Bank says
Reuters
Kenya's economy is forecast to grow 5.5% this year from 7.5% in 2021, with the slowdown linked to the knock-on effects of the war in Ukraine, the World Bank said on Tuesday.The bank forecast in an economic update on Kenya that gro
Entrepreneur turns water hyacinth weed into cooking fuel
Reuters
A project in Kisumu is using biogas technology to tackle two major pollution problems with one device: a machine that converts waste such as water hyacinth into cooking fuel.Biogas International, a Kenyan energy technology company
Kenya seeks another Ksh82 billion World Bank loan
Michael Majanga
It seems that Kenya's borrowing spree will not end any time soon. Even when there is a public outcry against the recently approved KSh255 billion IMF loan to Kenya, the National Treasury is planning to borrow more loans.Treasury i
Why DPP ordered for arrest, prosecution of Garissa Governor Ali Korane, 4 others
Rose Gicheru
The Director of Public Prosecutions (DPP) Noordin Haji has ordered for the prosecution of Garissa Governor Ali Korane and four senior county officials over alleged embezzlement of Sh233,506,000 million from the World Bank. In a statement re
Northern Kenya projects that will benefit from Sh81 million World Bank loan
Issadin Haji
Kenya has received a Sh81 billion (US$750 million) loan from the World Bank, money that will be used to finance infrastructure projects in Northern Kenya. Transport CS James Macharia says the money will be used to finance the Horn of Afric
How Kenya received Sh215.6 billion from partners to help fight COVID-19 pandemic
TV47
Treasury CS Ukur Yatani said that government reached out to its development partners to get financial assistance, to help in the fight against COVID-19 pandemic and the resuscitation of the economy.Speaking during his maiden Natio
4 coastal counties get Sh10.7bn to fix water problems
akika.digital
Despite being the closest to the ocean, the coastal region has been facing perennial water shortages. According to water resource analysts, the shortages are usually caused by 'irregular supply, illegal connections by cartels, leakages due to old