World Bank stops public financing to Uganda over Anti-homosexuality Act
![Uganda's President Yoweri Museveni. [PHOTO | COURTESY]](https://k24.digital/wp-content/uploads/2020/03/mu7.jpg)
The World Bank has frozen funding for Uganda over its Anti-Homosexuality Act. In a statement, World Bank said that the Act contradicts its values of non-discrimination on the basis of race, gender, or sexuality. “Uganda’s Anti-Homosexuality Act fundamentally contradicts the World Bank Group’s values. We believe our vision to eradicate poverty on a livable planet […]
Covid-19: World Bank approves additional Ksh14 billion for Kenya
The World Bank has approved an additional 130 million U.S dollars financing to Kenya for the purchase of vaccines. In a statement released on Tuesday, June 29, the World Bank stated that the additional financing will facilitate affordable and equitable access to COVID-19 vaccines for Kenyans. “This additional financing comes at a critical time when […]
Waiguru, World Bank give Kerugoya-Kutus municipality Sh142 million facelift
Kutus-Kerugoya Municipality was among the seven out of 59 municipalities across the country which met the World Bank’s minimum KUSP grant.
Mbale town set for Sh200 million face-lift as governor eyes city status
The World Bank through Kenya Urban Support Programme (KUSP) has released Sh.200 million towards second-phase of beautification of Mbale town in Vihiga County. Vihiga Governor, Dr Wilber Ottichilo, made the revelation when he officially launched the beautification of the town, the county’s headquarters, on Wednesday. According to the beautification design, the works will entail construction of footpaths, erection of high […]
Yatani says Sh6.2 trillion public debt affordable, still space for extra borrowing
Despite borrowing level being at 58 per cent of GDP, Treasury maintains that the debt is manageable and affordable.
World Bank to give Kenya nearly Sh8 billion for coronavirus, locust control
Kenya is set to receive nearly Sh8 billion from the World Bank for containment of the deadly coronavirus disease and desert locusts.
14 counties to benefit from joint Govt, World Bank Sh15bn solar project
The government has partnered with the World Bank to commit Sh15 billion for the Kenya off-grid solar project to boost energy access in 14 counties. While speaking during the sixth Global off-grid solar forum, President Uhuru Kenyatta said that the government seeks to provide energy to 250,000 households and more than 800 public facilities in the targetted […]