World Bank
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Markets
Kenya Needs $3 Billion Annually in Debt Financing, says Moody’s
Kenya has returned to international credit markets in the run-up to its maturing 2024 eurobond, increasing financing sources. However, its…
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Economy
Kenya Leading in Global Innovator Services but With Serious Concerns
The World Bank Group has considered Kenya a hub for financial and digital services and a leader in a number…
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Regions
Uganda responds to World Bank after halting future funding over anti-homosexuality Bill
Ugandan Government through Minister for Foreign Affairs Henry Okello Oryem, has hit back at the World Bank over its move…
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Economy
World Bank to introduce ” debt pause option” for countries in event of crisis
The World Bank is mulling introducing a pause mechanism if low-income countries are hit by a crisis.This is according to…
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Regions
US taps former Mastercard CEO Ajaypal Banga as next World Bank president
United States President Joe Biden has nominated an Indian-American born Ajaypal Singh Banga as the next president of the World…
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Economy
Global recession threat to see growth down 1.7% in 2023 – World Bank
The global economy is projected to grow by 1.7% in 2023 and 2.7% in 2024, the World Bank has said.The…
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Economy
World Bank revises Kenya’s economic growth to 5.5% in 2022
The World Bank estimates Kenya’s economy to grow by 5.5 percent this year, an upward revision from December estimates of…
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Economy
Kenya to benefit from World Bank’s Ksh.3.4 trillion funding to tackle food shortage
Kenya will benefit from World Bank’s Ksh.3.4 trillion financing kitty that has been set aside to address food insecurity globally.It…
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Economy
World Bank narrows economic growth for 2022 to 3.2%
World Bank is narrowing the global economic growth for 2022 from 4.1 percent to 3.2 percent, World Bank Group President…
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Economy
World Bank cuts East Asia’s 2022 GDP growth forecast to 5% on Ukraine crisis
The World Bank cut its growth forecast for East Asia and the Pacific for 2022 to reflect the economic impact…
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