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World Bank Approves $750 Million Kenya Loan, Agrees to Back Loan

World Bank Approves $750 Million Kenya Loan, Agrees to Back Loan
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World Bank Approves $750 Million Kenya Loan, Agrees to Back Loan The World Bank approved a long-awaited $750 million loan to Kenya in support of reforms aimed at enhancing good governance and improving public-finance management. The Washington-based lender will also help Kenya issue a $500 million sustainability-linked loan for reforestation efforts and improved energy access, according to an emailed statement.

World Bank Approves $750 Million Kenya Loan, Agrees to Back Loan The World Bank approved a long-awaited $750 million loan to Kenya in support of reforms aimed at enhancing good governance and improving public-finance management. The Washington-based lender will also help Kenya issue a $500 million sustainability-linked loan for reforestation efforts and improved energy access, according to an emailed statement.
World Bank Approves (ORG) Back Loan World Bank Approves (ORG) Back Loan (ORG) Kenya (LOCATION) Washington (LOCATION)
Originally published by Bloomberg Markets Read original →