Worldbankkenya

Kenya Refocuses Billions in World Bank Aid on Jobs and Factories

NAIROBI—Kenya is steering billions of dollars in international aid toward a single, urgent national goal: creating jobs. In a major shift, the government is retooling its long-standing partnership with the World Bank to ensure that a massive $5.96 billion portfolio of projects directly fuels employment and builds up the country’s industries. This move follows high-level…

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Euro Bond

Kenya’s $1.5 Billion Eurobond: Will It Save the Economy or Sink It Deeper into Debt?

Kenya successfully raised $1.5 billion through a new Eurobond issuance. This latest financial moved is aimed at refinancing existing debt and easing the pressure on the country’s fiscal position. But what does this mean for Kenya’s economy, its citizens, and its future? This article breaks down the details of the Eurobond, its implications, and what…

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