The World Bank Group has approved Sh5.97 billion ($61.5 million) to enable Kenya improve water security and climate resilience for beneficiaries in the western and Coast regions.
The bank's executive board yesterday approved $58 million (Sh5.7 billion) credit - an additional financing for restructuring of the Kenya Water Security and Climate Resilience Project approved in June 2013 with a credit of Sh15.2 billion ($155 million). It will also benefit from a grant of Sh343 million ($3.5 million) from the Korea World Bank Group Partnership Facility.