Kenyans
share stories of crippling electricity costs from Kenya Power, where businesses
pay 50% more than in Uganda and 124% more than in Vietnam due to opaque power
deals and weak bidding, per a new World Bank report.
Only 24% of 42 agreements used competition, some
guaranteeing payments for unused power amid conflicts of interest.
The report also highlights land sector bribes and procurement flaws inflating costs, like $900 million extra on the Standard Gauge Railway, while lifting Kenya's 2026 growth forecast to 4.6% but calling corruption the main barrier to progress.
