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Rankings across all topics about Africa that matter.

Kenya's Bold Move: Privatizing State-Owned Companies Amid Economic Challenges
IMF

Kenya's Bold Move: Privatizing State-Owned Companies Amid Economic Challenges

In a significant economic shift, Kenya's government has revealed plans to privatize the first 35 state-owned companies, targeting only those facing financial losses and bureaucratic hurdles. Although the specific companies have not been disclosed, President William Ruto emphasized that potentially lucrative entities would be divested, signaling a strategic

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AfDB Loans to Kenya Hit $3.95bn

AfDB Loans to Kenya Hit $3.95bn

African Development Bank’s (AfDB) loans to Kenya have grown 37.2 percent in the last five years to cross the half-a-trillion shilling mark, deepening the pan-African lender’s role in the country’s development agenda.

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