World Bank – Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

CS Cooperatives Wycliffe Ambetsa Oparanya in meeting with officials from the World Bank Group at the Delta Centre in Nairobi last year.

World Bank warns of economic slowdown and rising inflation in Kenya amid geopolitical tensions

Sacco ReviewApril 9, 202605 mins

The World Bank has issued a stark warning regarding the potential impact of escalating geopolitical tensions, particularly the ongoing conflict involving Iran, on African economies. In a statement released on Wednesday, April 8, 2026, the global financial institution cautioned that the crisis could lead to higher inflation and slower economic growth across the continent, with…

Sacco gets Ksh70M boost from World Bank to cushion pastoralist communities

Sacco ReviewFebruary 23, 202603 mins

The Savings and Credit Cooperative Organization (SACCO) has received a Ksh 70 million cheque under the World Bank–supported De-Risking Inclusion and Value Enhancement of Pastoral Economies (DRIVE) Project, a strategic initiative designed to transform livestock-based enterprises and strengthen pastoralist livelihoods across the county. The cheque handover was facilitated through the Kenya Development Corporation (KDC). It…

CS Kagwe (centre) during the National and County Governments consultative meeting

Kagwe warns development partners against imposing generic agricultural projects on Kenya

Sacco ReviewFebruary 6, 202603 mins

Agriculture and Livestock Development Cabinet Secretary Mutahi Kagwe has warned development partners against imposing generic agricultural projects on Kenya, saying the country will reject initiatives not locally designed or aligned to its needs. Speaking at the National and County Governments consultative meeting with the World Bank Group, CS Kagwe said Kenya’s agricultural priorities must be…

Siraji Sacco receives Ksh170 million financing boost from World Bank

Sacco ReviewFebruary 3, 202605 mins

Siraji Savings and Credit Co-operative Society Ltd has received Ksh170 million financing boost from the AVLC Group, marking the latest disbursement under a World Bank-backed financing programme aimed at revitalising Micro, Small and Medium Enterprises (MSMEs) in Kenya that were adversely affected by the Covid-19 pandemic. Siraji Sacco, a SASRA-compliant cooperative society, supports small and…

Migori Calls on MSMEs to apply for KJET value addition funding before year-end deadline

Sacco ReviewDecember 18, 202504 mins

The Migori County Department of Agriculture, Livestock and Fisheries Development has issued an urgent call for applications from Micro, Small and Medium Enterprise (MSME) clusters seeking co-investment support under the Kenya Jobs and Economic Transformation (KJET) Project. With less than 2 weeks left before the December 31 deadline, the department is urging cooperatives, associations, self-help…

World Bank team evaluates progress of agriculture value chain project in Narok

Sacco ReviewNovember 4, 2025November 4, 202504 mins

The Department of Agriculture, Livestock and Fisheries in Narok County has hosted a delegation from the World Bank for a series of field visits to review the progress of the National Agriculture Value Chain Development Project (NAVCDP) across the county. The World Bank mission, led by Ghada Elabed and James Musinga, was accompanied by officials…

World Bank cautions of rising global food prices as inflation chokes developing nations

Sacco ReviewOctober 4, 202504 mins

The latest food security report by the global financier, World Bank paints a worrying picture for consumers especially to the developing nations. The lender estimates that domestic food price inflation remains stubbornly high in many parts of the world, signalling renewed pressure on both consumers and policymakers. The update shows the benchmark agricultural, export and…

Kenya’s affordable housing gets big boost with Sh120b treasury allocation

Sacco ReviewAugust 11, 202505 mins

The National Treasury and Economic Planning Cabinet Secretary (CS), John Mbadi has said the National Treasury has set aside Sh120.2 billion to the housing and settlement sector in the 2025/26 financial year. Mbadi said the move is aimed at bridging the widening gap in home ownership, particularly in urban areas. Speaking during the 4th Kenya…

KISIP 2 revitalizes Kisumu’s informal settlements with infrastructure and market development

Sacco ReviewNovember 12, 2024November 12, 202405 mins

Six informal settlements in Kisumu County have received a major facelift following the rollout of the second Kenya Informal Settlements Improvement Project (KISIP 2) program. The projects, among them roads, markets, storm water drainage, solid waste management and street lighting, have opened up the slums enhancing access to basic infrastructure and land tenure security. Kisumu…

Over 800,000 youth to benefit from World Bank funded project

Sacco ReviewAugust 15, 2024August 15, 202403 mins

The National Youth Opportunities towards Advancement (NYOTA), a World Bank funded project is set to benefit over 800,000 youth in the country, Youth Affairs and Creative Economy Principal Secretary (PS) Ismail Maalim Madey has revealed. According to Maalim, the project mainly targets to address the rising challenge of youth unemployment, and that it will be…