World Bank

Nairobi, September 7, 2020- Keith Hansen, an American, has been appointed as the new Country director for four African countries: Kenya, Rwanda, Somalia and Uganda by the World Bank. As…

Some 1.7 million urban poor families in Kenya are set to have their living conditions upgraded through modernised basic infrastructure like clean water in a social project funded by the…

Africa’s food import bill is likely to balloon, lifted by a deadly mix of shocks including the Covid-19 pandemic, desert locust invasion and natural disasters such as floods and drought.…

Kenya’s first floating solar power station is set to be constructed by a flower farm, opening a new chapter in the country’s green energy technological prowess. With a capacity of 69…

Uganda is on course to posting the largest economic growth in sub-Saharan Africa this year despite being marred by the Covid-19 shock, according to World Bank’s latest projections. Uganda’s economy…

Djibouti is the most expensive country in Africa while its neighbour Eritrea in the Horn of Africa enjoys the lowest cost of living, according to data compiled by the World…

Tanzania is the most urbanised country in East Africa, according to data compiled by researchers at Yale and Columbia universities. The second largest economy in East Africa is 35.2 percent…

Kenya leads Africa in the pace at which it is electrifying its population through a mix of grid and off-grid power connections. Kenya connectivity pace is also among top three…

Nigeria and Democratic Republic of Congo (DRC) have for the first time each replaced India as countries with the largest population without access to electricity. In Nigeria, the largest and…

At least 70 percent of sub-Saharan African economies have approached the World Bank for loans to finance their budget shortfalls as the Covid-19 crisis batters the continent. The global lender…