{"id":112221,"date":"2025-03-20T11:04:20","date_gmt":"2025-03-20T11:04:20","guid":{"rendered":"https:\/\/chezaspin.com\/blog\/index.php\/2025\/03\/20\/ruto-offers-to-host-world-bank-ifc-vps-for-eastern-and-southern-africa-in-nairobi\/"},"modified":"2025-03-20T11:04:20","modified_gmt":"2025-03-20T11:04:20","slug":"ruto-offers-to-host-world-bank-ifc-vps-for-eastern-and-southern-africa-in-nairobi","status":"publish","type":"post","link":"https:\/\/chezaspin.com\/blog\/ruto-offers-to-host-world-bank-ifc-vps-for-eastern-and-southern-africa-in-nairobi\/","title":{"rendered":"Ruto offers to host World Bank, IFC VPs for Eastern and Southern Africa in Nairobi"},"content":{"rendered":"<p><strong>NAIROBI, Kenya, Mar 20 \u2013 President William Ruto has offered to host World Bank and International Finance Corporation Regional vice-presidents for Eastern and Southern Africa in Nairobi.<\/strong><\/p>\n<p>This followed talks with World Bank Vice-President for Eastern and Southern Africa Victoria Kwakwa at State House, Nairobi.<\/p>\n<p>President Ruto described the move as a major win for Kenya, reinforcing the country\u2019s growing influence as a regional economic and diplomatic powerhouse.<\/p>\n<p>\u201cThe World Bank has been a dependable development finance partner of Kenya for more than 50 years,\u201d the President noted.<\/p>\n<p>Accompanied by the World Bank Vice-President for Eastern and Southern Africa, Victoria Kwakwa, Bank\u2019s Country Director for Kenya, Qiamiao Fan, Kwakwa briefed the Head of State on the World Bank\u2019s plans to centralize its regional operations in Nairobi.<\/p>\n<p>\u00a0\u201cThis will make our capital city a central hub in our region and Africa and will host a huge World Bank community of 870 staff,\u201d read apart in the statement.<\/p>\n<p>The World Bank has been instrumental in supporting Kenya\u2019s development priorities through major infrastructure, education, healthcare, and social protection projects.<\/p>\n<p>Its funding has contributed to Kenya\u2019s push to achieve upper middle-income status by 2030, a key target under the Vision 2030 development blueprint.<\/p>\n<p>Currently, Kenya benefits from a World Bank project portfolio valued at over $8 billion, covering critical sectors such as transport, energy, agriculture, digital transformation, and climate resilience.<\/p>\n<p>The decision to base the World Bank and International Finance Corporation (IFC) regional vice-presidents in Nairobi marks a significant step in bolstering Kenya\u2019s role as a hub for international institutions, joining others like the UNEP and UN-Habitat.<\/p>","protected":false},"excerpt":{"rendered":"<p>NAIROBI, Kenya, Mar 20 \u2013 President William Ruto has offered to host World Bank and International Finance Corporation Regional vice-presidents for Eastern and Southern Africa in Nairobi. This followed talks with World Bank Vice-President for Eastern and Southern Africa Victoria Kwakwa at State House, Nairobi. President Ruto described the move as a major win for [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-112221","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/112221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=112221"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/112221\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=112221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=112221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=112221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}