News Kenya Banks: World Bank lends $750 million to Kenya
The financing will help Kenya fund a $37 billion budget, a third of which is allocated to servicing the country’s nearly $100 billion debt.
News Kenya Banks: Kenya economy to grow 4.3% in 2026, 4.4% in 2027 - World Bank
By George Obulutsa NAIROBI, July 9 (Reuters) - Kenya's economy is expected to expand 4.3% this year and 4.4% in 2027, the World Bank said on Thursday, with this year's forecast being 0.6 percentage points lower than its November prediction due to the impact of the U.S.-Israeli war on Iran. Kenya's economy grew 4.6% in 2024. The country's finance ministry expects growth of 5.0% this year and 5.2%
News Kenya Banks: Africa’s biggest bank eyes acquisitions as it seeks Kenya’s banking crown by 2030
The target is likely to intensify competition in Kenya's banking industry, where KCB Group, Equity Group and Co-operative Bank dominate the market.
News Kenya Banks: Kenya-UAE flight bans show need for global digital cooperation on Covid
The UAE’s ban on flights from African countries including Kenya highlights the need for a global portal on vaccination status, says Africa Risk Management Advisors CEO Kefa Nyakundi.
News Kenya Banks: Kenya Power in the spotlight after nationwide blackout
The hashtag #KPLC has been trending on Twitter this week as Kenyans share memes and gifs about the country's worst national blackout for years. While some tried to find some light-hearted moments in ...
News Kenya Banks: Equity Bank cuts cash settlement on PayPal to 24 hours
In a statement, the lender said it has cut the duration it takes to settle PayPal withdrawals from three business days to just 24 hours, a development that allows it to offer the fastest PayPal ...
