Kenya: World Bank Bars Kenyan Firms for 21 Months in Ksh149.8 Billion Fraud Case

Three firms, including two based in Kenya, have been banned from all World Bank-financed projects for 21 months over fraud and collusion in a Ksh149.8 billion electricity scheme.

The World Bank announced the debarment on March 18, 2026, targeting PricewaterhouseCoopers Associates Africa Ltd., PricewaterhouseCoopers Limited Kenya, and PricewaterhouseCoopers Rwanda Limited for misconduct in a major regional energy project.

Both PwC Associates and PwC Kenya operate out of Kenya, making the…