Wednesday, August 3, 2011

IFC targets Kenya in east Africa investments


The World Bank's private-sector lending arm plans to invest more than half of its $340 million budget for east Africa into Kenya, the region's biggest economy, where it expects growth to remain steady at about 5 percent into 2012, a top official said. IFC plans to fund four infrastructure projects in Kenya this year, including the Kenya-Uganda railway, and three energy projects that are at an advanced stage
read more: af.reuters.com/article

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