Sunday 12, August 2012 by Isla MacFarlane

IFC invests in Kenya Power to electrify half a million homes

IFC, a member of the World Bank Group, is providing a $50 million loan to Kenya Power Lighting Company (Kenya Power) to help the national power distributor expand its network to reach over half a million new households by 2014, while reducing losses and increasing the supply of reliable electricity.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more