Section

Economy

Macroeconomics, inflation, debt, investment, trade, and fiscal developments shaping the region.

east · economy ·

Kenya’s emergency financing reveals how several crises are beginning to arrive at once

Kenya is expected to receive about $400m in rapid World Bank financing as it confronts higher energy costs, regional Ebola concerns and the risk of El Niño-related disruption. The package illustrates a growing development challenge: governments with limited fiscal space are being forced to manage climate, health, energy and economic shocks simultaneously.