World Bank and the International Monetary Fund (IMF) have stepped up lending to Kenya over the past three years, which has seen Chinese loan deals reduce, firming the grip of Bretton Woods institutions on East Africa’s biggest economy. Data from the National Treasury show World Bank’s total lending rose by Sh517 billion from June 2019 to Sh1.125 trillion in December, with the bulk loans coming in the wake of Covid-19 economic hardships. The IMF lending grew from Sh158.5 billion to Sh207.5 billion in the same period while Chinese loans increased by Sh125 billion to Sh786 billion. This is a depa…

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