World Bank, AfDB crackdown shines spotlight on SMEs

President Uhuru Kenyatta with World Bank Country Director for Kenya Keith Hansen. PHOTO | PSCU

Last November, the World Bank and the African Development Bank (AfDB) blacklisted more than 20 Kenyan companies over fraud and quality concerns in projects funded by the multilateral lenders.

The firms were blocked following claims of fraudulent practices for projects they have funded in Kenya and the region.

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