World Bank Foresees $12 Billion in Support for Kenya Over the Next Three Years
The World Bank has been one of Kenya’s strongest partners and the largest provider of development finance. Kenya is now accessing about $2 billion in concessional financing each year. IDA and IBRD commitments together now stand at $8.3 billion, with $4.4 billion available to disburse. IFC’s investment portfolio is $1.2 billion. MIGA is actively engaged with $424 million in guarantees covering the energy, transport, financial, fintech, and tourism sectors. Looking […]