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Corruption costing Kenya billions: World Bank

By AFP | 8h ago

IMF Managing Director Kristalina Georgieva speaks during the IMFC press briefing at the Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) at the Queen Sirikit National Convention Center (QSNCC) in Bangkok on October 17, 2026. [AFP]

Corruption is costing Kenya billions of dollars each year in lost revenue, inflated business costs, and lost earnings for workers, while taking a huge toll on investment and economic growth, the World Bank said in a report published Wednesday.

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