PRIME Inside the World Bank’s tough terms for new loans to Kenya

Ranked News

📰 Kenya

PRIME Inside the World Bank’s tough terms for new loans to Kenya 6h ago

Business Daily Africa

The World Bank has established over ten stringent conditions for Kenya to access a third installment of funding under the Development Policy Operations (DPO) programme. To unlock these funds, which aim to plug the national budget deficit, Kenya must implement significant reforms, including enacting the Whistleblower Protection Act and publishing regulations to restrict unsolicited public-private partnership (PPP) deals. The multilateral institution specifically cited concerns regarding secret deals, such as the failed Adani Group airport upgrade proposal, urging competitive tendering instead. Additional requirements include amending the Companies Act to align with FATF standards, updating the Public Finance Management Act, and consolidating payroll data. These reforms are designed to enhance transparency, reduce corruption, and strengthen climate action through new green building standards and the Railways Bill. Successfully meeting these mandates is critical for Kenya to secure essential fiscal support and foster a stable business environment.

Business Daily Africa Full Article

📰 Top Stories

How Americans celebrated the nation's 250th anniversary amid heat and storms 4h ago

USA Today

OpenAI in Talks with US Government for 5% Stake 3h ago

Hindustan Times

Opvolger Khamenei, zijn zoon Mojtaba, laat zich niet zien op uitvaart 47m ago

NOS

Residents told to evacuate as fast-moving wildfire nears Greece’s second-largest city 5h ago

The Independent

Heatwave: Fires devastate forests across Europe 3h ago

Le Monde

Oekraïense aanval op Krim kort nadat Zelensky en Poetin bellen met Trump 1h ago

NOS

Evacuations in Guam as super typhoon Bavi approaches 4h ago

BBC

China releases underground church pastor after months in detention 5h ago

Aljazeera

Australia probes mystery space balls that washed up on beach 1h ago

BBC

7-Eleven Sues Nike Over Alleged Copying of Signature Stripe Design 8h ago

The Straits Times

🇺🇸 United States

Trump zum 250. US-Jubiläum "Wir werden immer die Besten sein" 7h ago

Tagesschau

Patriot Front White Nationalists March in Washington During America's Semiquincentennial 8h ago

The National

7-Eleven sues Nike over Air Max with Slurpee maker’s colours 8h ago

The Straits Times

Trump’s rally facing risk of thunderstorms that could shrink already small crowds 04.07.2026

The Independent

Trump nutzt 250-jähriges Jubiläum der USA für MAGA-Kundgebung 58m ago

FR

Trump Accounts Launch as US Marks 250th Independence Day 04.07.2026

The Straits Times

Mystery Surrounds Zappos Founder Tony Hsieh's Death and Estate Battle 04.07.2026

Fox News

Five ways extreme heat can become deadly during the holiday 16h ago

USA Today

Truck Driver Charged in Fatal Crash of Pennsylvania State Police Trooper 20h ago

Fox News

Trump warns of 'communist menace' resurgence in South Dakota speech 04.07.2026

The National

🟠 Americas

Brazil look to overcome Norway hoodoo in World Cup last 16 clash 7h ago

Aljazeera

Trump crowd faces delays and confusion during July 4 celebration 10h ago

The Independent

Keiko Fujimori wins Peru's presidential election after weeks of vote counting 04.07.2026

BBC

Anguished families left to identify Venezuela quake victims at makeshift morgue 03.07.2026

BBC

Trump’s last-ditch effort to stall his $5.8M payout to E Jean Carroll was denied 15h ago

The Independent

Descendants of Enslaved People Who Built the White House Share Their Stories 16h ago

ABC News

American-born pope urges US to welcome and protect immigrants in Fourth of July letter 22h ago

The Independent

Police swarm Michigan shopping center after 'significant' shooting incident; at least 2 dead 03.07.2026

Fox News

Bernie Sanders predicts political revolution after progressive victories 03.07.2026

The Independent

Here's who won — and lost — under Trump's "big, beautiful bill" 03.07.2026

CBS News