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PwC Kenya among three firms barred by World Bank over Ethiopia power project fraud
Business

PwC Kenya among three firms barred by World Bank over Ethiopia power project fraud

The sanctions target PwC offices in Kenya, Rwanda, and Mauritius over their involvement in the Eastern Electricity Highway Project in Ethiopia, a Sh149.8 billion programme designed to connect Ethiopia’s power grid with Kenya, reduce electricity costs, and allow Ethiopia to earn revenue through power exports.

The Cabinet Secretary for Investments, Trade and Industry Lee Kinyanjui when appeared before the National Assembly Committee on Trade, Industry and Cooperatives on Wednesday in Parliament. PHOTO/David Bogonko Nyokang’i
News

Trade Ministry seeks Sh6.03bn boost in supplementary budget

The Investments, Trade and Industry Ministry has asked Parliament for an extra Sh6.03bn in 2025/26 to fund trade, industry and investment projects, including KNTC obligations and a World Bank-backed jobs plan.