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Accelerating Reforms for an Inclusive and Resilient Recovery DPF 2

Abstract*

The development objectives of the Second Accelerating Reforms for an Inclusive and Resilient Recovery Development Policy Financing in Kenya contribute to Kenya’s inclusive and resilient recovery from the COVID-19 crisis by strengthening: (1) fiscal management; (2) operational efficiency in the electricity sector while placing Kenya on an efficient green energy path; and (3) the governance framework for Kenya’s natural and human capital (environment...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

Contributing to Kenya’s inclusive and resilient recovery from the COVID-19 crisis by strengthening (1) fiscal management, (2) operational efficiency in the electricity sector while placing Kenya on an efficient green energy path, and (3) the governance framework for Kenya’s natural and human capital (environment, land, water and healthcare).

Key Details

Project Details

  • P176903

  • Closed

  • Alexis Sienaert , Allen Dennis

  • The Republic of Kenya

  • Kenya

  • December 17, 2021

  • (as of board presentation)

    March 16, 2022

  • March 25, 2022

  • US$ 0.00 million

  • The National Treasury and Planning

  • Eastern and Southern Africa

  • 2022

  • US$ 750.00 million

  • N/A

  • April 19, 2023

  • February 28, 2023

  • BANK APPROVED

  • P175251

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 520.00
International Bank for Reconstruction and Development 230.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 230.00
IDA Commitment 520.00
IBRD + IDA Commitment 750.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 16, 2022 IDA-70510 Loan Commitment 520,000,000.00
Mar 16, 2022 IBRD-93430 Loan Commitment 230,000,000.00
Mar 15, 2024 IDA-70510 Int Charges 3,796,000.00
Mar 15, 2024 IDA-70510 Int Charges 3,536,000.00
Mar 15, 2024 IBRD-93430 Int Charges 118,007.26
Mar 15, 2024 IBRD-93430 Int Charges 7,454,622.00
Mar 15, 2024 IDA-70510 Int Charges 3,796,000.00
Sep 15, 2023 IBRD-93430 Int Charges 87,845.63
Sep 15, 2023 IBRD-93430 Int Charges 6,712,817.00
Sep 15, 2023 IDA-70510 Int Charges 3,796,000.00
Sep 15, 2023 IDA-70510 Int Charges 3,796,000.00
Sep 15, 2023 IDA-70510 Int Charges 3,536,000.00
Apr 12, 2022 IBRD-93430 Loan Disb 230,000,000.00
Apr 1, 2022 IDA-70510 Loan Disb 520,000,000.00
Apr 5, 2022 IBRD-93430 Fee Charges 575,000.00
Sep 15, 2022 IBRD-93430 Int Charges 1,957,392.60
Sep 15, 2022 IDA-70510 Int Charges 3,458,577.80
Sep 15, 2022 IDA-70510 Int Charges 3,458,577.80
Sep 15, 2022 IDA-70510 Int Charges 3,221,688.80
Mar 15, 2023 IBRD-93430 Int Charges 262,157.00
Mar 15, 2023 IBRD-93430 Int Charges 5,802,869.00
Mar 15, 2023 IDA-70510 Int Charges 3,796,000.00
Mar 15, 2023 IDA-70510 Int Charges 3,536,000.00
Mar 15, 2023 IDA-70510 Int Charges 3,796,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.