September 02
Africa: World Bank Appoints New Country Director for Kenya, Rwanda, Somalia, and Uganda
The World Bank has appointed Mr. Qimiao Fan as the new Country Director for Kenya, Rwanda, Somalia, and Uganda, effective September 1, 2024. Mr. Fan, who has over 35 years of… Read more »
June 05
Kenya: Kenya's Economy Exhibited Robust Growth in 2023 Despite Persistent Challenges
Kenya's real GDP growth accelerated to 5.6% in 2023, surpassing the previous year's growth of 4.9%. However, GDP growth in 2024 is expected to slow down to 5.0%. This is according… Read more »
December 20, 2023
Kenya: Kenya's Economic Performance Strengthened in 2023 Despite Continued Challenges
Kenya's economic performance strengthened in 2023 despite continued challenges, with real GDP growth accelerating from 4.8% in 2022 to an estimated 5% in 2023. This is according to… Read more »
December 14, 2023
Kenya: Kenya Can Build On Past Success to Make Growth More Inclusive and Accelerate Poverty Reduction
Kenya has in the past been successful in translating economic growth into improved living standards of its citizens. Despite progress, the challenge going forward is to ensure the… Read more »
December 12, 2023
Kenya: Kenya Taps World Bank Support to Create Up to 45,000 New Job Opportunities and Enhance Access to Markets for Small Businesses
The World Bank has approved the Kenya Jobs and Economic Transformation Project (KJET) to benefit at least 45,000 Kenyans, including at least 6,800 women through new or improved job… Read more »
November 22, 2022
Kenya: Boosting Equitable Development As Kenya Strives to Become an Upper Middle-Income Country
The World Bank Group (WBG) Board of Executive Directors today voiced its support for the WBG's latest six-year strategy to support Kenya in its ongoing efforts towards green,… Read more »