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
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
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