Kenya is facing mounting financial pressure after the World Bank delayed the release of a Ksh 96.9 billion ($750 million) budget support loan, citing pending reforms that the government must complete before the funds can be disbursed. The delay comes at a time when the government is grappling with a Ksh 1.22 trillion budget deficit,
The International Monetary Fund (IMF) and the World Bank Group have moved to coordinate a global response as energy prices continue to rise due to the ongoing conflict in the Middle East. In a joint statement released on Wednesday, April 1, 2026, the institutions, alongside the International Energy Agency (IEA), announced the formation of a
The National Youth Opportunities Towards Advancement (NYOTA) programme has dismissed as fake a document circulating on social media purporting to be an official statement from the World Bank regarding its partnership with the Government of Kenya. In a statement issued on Tuesday, February 11 2026, NYOTA Kenya clarified that the viral document branded as a
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