Kenya has secured a US$1.25 billion, about Ksh161.86 billion, financing package from the World Bank to support governance reforms, strengthen public financial management, expand social protection, and improve the country’s Financial stability. In a press release dated June 29, the World Bank stated that the package comprises a US$750 million Development Policy Operation (DPO) and
Kenya will get approximately Ksh 98 billion ($750 million) as financing from the World Bank through the Second Kenya Fiscal Sustainability and Resilience Growth Development Policy Operation (DPO7). This amount will come in handy at such a time when only four days are left before the end of the 2025/26 financial year. According to the
Kenya Railways re-tendered for 24 Diesel Multiple Unit air compressors under the World Bank-funded Kenya Urban Mobility Improvement Project. The State corporation invited sealed bids from eligible firms to supply and deliver the 24 DMU air compressors to Nairobi Central Workshops Stores, stating the tender is a re-tender under credit number V4940. The Government of
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