Home / Africa/International / Kenya secures $55.1m World Bank funding to expand technology-based platforms

Kenya secures $55.1m World Bank funding to expand technology-based platforms

Share this with more people!

The Kenyan government has secured a $55.1 million funding from the World Bank to scale-up its digital inclusion, content development, and e-government and shared services.

“The new funding will increase financing under the Kenya Transparency and Communications Infrastructure Project (KTCIP) to $169.5 million,” said the World Bank March 29, 2012.

Kenya will also expand technology-based platforms for transparency and accountability to increase opportunities for economic transformation and growth, according to the Bank.

“The additional finance will enable Kenya to consolidate the initiatives it has made in the ICT sector, including the open data initiative,” says Johannes Zutt, World Bank Country Director for Kenya.

About 90% of Kenyan adults have or have the use of a mobile phone, the Bank indicated.

By Ekow Quandzie

Share this with more people!

Check Also

2022 West Africa Development Outlook proposes increased sub-regional trade, structural transformation

The ECOWAS Bank for Investment and Development (EBID) has officially released the 2022 edition of …