… First, our leaders must demand an immediate overhaul of the multilateral financial architecture, insisting on the direct re-channeling of IMF Special Drawing Rights through the African Development Bank to unlock affordable capital for infrastructure without crushing debt. …
… The IEA lists Kenya, Norway, the United States, the African Union Commission and the African Development Bank among the summit’s co-chairs and co-organisers. …
… Kenya will also advance the AI 10 Billion Initiative, a continental programme backed by the African Development Bank and partners that aims to mobilise up to $10 billion by 2035. …
AfDB-funded water project eases sanitation woes in Kenol By Citizen Reporter September 15, 2026 11:05 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Audio By Vocalize Rapid growth in Kenol town and surrounding peri-urban …
… ph Muia September 08, 2026 09:34 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Mining CS Hassan Joho speaking during the Ministerial Forum on Critical Minerals and Beneficiation, organized by the African Development Bank …
… ift Valley Water Works Development Agency, Lake Victoria North Water Works Development Agency conducted a joint inspection of the Kipkaren Dam Water project.The Kipkaren Dam Water Supply project is funded by the National Government in conjunction with the African Development Bank …
… Funding discussions have involved the African Development Bank, while the national government has also previously given assurances that money had been secured for construction of the facility. …
Kenya has emerged as one of Africa's hotspots for fraud and corruption in African Development Bank-financed projects, with disclosures showing the country ranks second only to Nigeria in the number of sanctioned projects since 2013. …
… cy, due to launch in Mauritius in October, as one tool to help the continent price its own risk rather than rely on external assessments.He also cited the Alliance of African Multilateral Financial Institutions, which brings together lenders including the African Development Bank …
… In a press statement dated August 25, the residents said they had written to the African Development Bank and relevant government authorities seeking investigations and action over their grievances. …
An opinion piece argues that African leaders attending the 81st UN General Assembly should demand concrete commitments rather than rhetoric, noting that decades of global summitry have yielded unfulfilled pledges on climate finance and economic decision-making, leaving Africa over-discussed yet excluded from binding negotiations.
An opinion piece argues that African leaders attending the 81st UN General Assembly should demand concrete commitments rather than rhetoric, noting that decades of global summitry have yielded unfulfilled pledges on climate finance and economic decision-making, leaving Africa over-discussed yet excluded from binding negotiations.
President William Ruto co-hosted a clean cooking event with Norway at the UN General Assembly in New York, where Kenya presented a $600 million investment opportunity covering schools, healthcare facilities and correctional services, and confirmed Nairobi as the venue for the Second Africa Clean Cooking Summit in January 2027.
President William Ruto is attending the 81st United Nations General Assembly in New York to promote Kenya's investment agenda across energy, infrastructure, manufacturing, health, agriculture and technology. The government is pushing the proposed Sh2.2 trillion East Africa Refinery in Lamu, expected to create more than 60,000 jobs, with a planned groundbreaking set for September 30, 2026.
Rapid population growth in Kenol and surrounding areas has strained water and sanitation services. Through the Kenya Towns Sustainable Water Supply and Sanitation Programme, several towns are expanding sewerage services, reducing residents' costs for waste removal.
Mining Cabinet Secretary Hassan Joho has formed a high-level technical committee to resolve outstanding compliance issues surrounding the suspended operations of Tata Chemicals Magadi Limited, following a meeting with company executives. The committee, led by Mining Principal Secretary Harry Kimtai for the government and Tata Chemicals Magadi CEO Swaminathan Nagarajan for the company, will review issues including mineral beneficiation and in-country value addition.
Uasin Gishu and Nandi counties have partnered to complete the Kipkaren Dam Water Supply Project, funded by the National Government and African Development Bank, which is expected to inject 23,000 cubic metres of water daily and benefit about 50,000 residents in Eldoret and its environs.
Residents of Kipkelion sub-county in Kericho County have threatened to boycott the 2027 General Election if the proposed South Rift Level VI Teaching and Referral Hospital is moved from Londiani town, angered by its omission from President Ruto's reported itinerary for a planned tour of the county from October 10 to 15.
Kenya has emerged as one of Africa's hotspots for fraud and corruption in African Development Bank-financed projects, ranking second only to Nigeria in the number of sanctioned projects since 2013. The development raises alarm over the integrity of public procurement as Kenya pushes public-private partnerships to plug budget deficits.
At a conference in Nairobi, Kenya's Foreign Affairs Principal Secretary called for African nations to negotiate as a single bloc to reduce the $75 billion annual "trust tax" (inflated interest) the continent pays. Africa spends $90 billion yearly on debt service, more than aid and climate finance combined, with 22 countries in debt distress.
Residents of Mavindini Ward in Makueni County, organised under the Thwake Dam Blasting-Affected Community Committee, have raised concerns over alleged damage to homes and effects linked to blasting activities during Thwake Multipurpose Dam construction, citing severe dust, noise, vibrations and structural damage. They have written to the African Development Bank and government authorities seeking investigations, and allege that damage assessments excluded some homes close to blasting sites while including properties farther away.
African policymakers, investors, businesses and development partners gathered in Nairobi for the inaugural GreenWorks 4 Africa Forum, organized by Jacob's Ladder Africa and partners including the African Union Commission and Kenya's Ministry of Environment, to develop practical solutions for creating green jobs as the continent transitions to a low-carbon economy.
Kenya's Deputy President Kithure Kindiki attended the Infra for Africa Forum 2026 in Dar es Salaam on August 5–6, a continental summit bringing together heads of state, investors, and policymakers to mobilise financing for transformative infrastructure projects across Africa. Kindiki outlined Kenya's infrastructure priorities in transport, energy, housing, water, digital infrastructure and logistics as the country seeks investment in strategic projects.
The East African Business Council launched a two-day business clinic supported by the African Development Bank to prepare more than 50 enterprises in textile, leather and edible oil sectors to access AfCFTA's 1.3 billion consumer market through strengthened value chains and value addition.
East African businesses have been urged to strengthen regional value chains and invest in value addition to capitalize on opportunities presented by the African Continental Free Trade Area. The initiative, supported by the African Development Bank, aims to equip enterprises in the textile, leather and edible oil sectors with practical knowledge on exporting under the AfCFTA framework.
Mining and Blue Economy Cabinet Secretary Hassan Joho has ordered immediate suspension of all mining operations by Tata Chemicals Magadi Limited, citing the company's failure to meet multiple compliance issues under the Mining Act, including lack of mineral beneficiation strategy, outstanding royalty obligations, poor Community Development Agreement implementation, and inadequate employment planning for Kenyan citizens.
Project management experts say that while Africa has growing investment commitments worth about US$400 billion annually, fewer than 10 per cent of infrastructure projects reach financial close because nearly 80 per cent fail during feasibility or business planning stages, creating an execution gap between pledges and completed projects.
NCBA Bank and African Guarantee Fund have committed $5 million to empower women entrepreneurs in Africa through the AFAWA Women Small and Medium Enterprises Acceleration Programme, which equips women-owned businesses with skills, networks, and access to finance. The commitment was announced at a pitch event where 32 women entrepreneurs presented their business plans to an investment panel.
Kenya has secured a Sh43.3 billion (€293.88 million) loan from the African Development Bank, marking the second major external disbursement the government has received in the last three weeks.
President William Ruto announced that the government has secured Sh10.6 billion in financing from the African Development Bank Group to begin construction of the second phase of the Thwake Dam by April 2027, which aims to improve water security, expand irrigation, and increase renewable energy generation in Kenya's lower eastern region.
The government has raised Sh350 billion for the proposed National Infrastructure Fund within three months, marking the first milestone in President Ruto's strategy to finance Kenya's infrastructure without relying solely on public debt. The fund aims to grow to Sh5 trillion and finance projects including clean energy production, dam construction, road development, and expansion of the Standard Gauge Railway and Jomo Kenyatta International Airport.
Industry leaders say Africa's beverage market must invest more aggressively in innovation, stronger brands, and consumer intelligence to unlock economic potential. The continent's food and beverage market is expected to grow at a compound annual growth rate of about 7–8 per cent through 2030, driven by urbanisation, a youthful population, and rising disposable incomes, though counterfeiting, currency volatility, and supply chain disruptions pose threats.
Africa generates a significant share of the world's 2.5 quintillion daily bytes of data, with its data economy projected to reach $290 billion by 2030, yet the continent captures less than 3% of actual value from the global data economy — a governance rather than technology problem stemming from lack of frameworks, policies, and infrastructure to surface and process data at scale.
The World Food Prize Foundation has honoured three African individuals and institutions for contributions to agricultural innovation and food security at a conference in Nairobi. The Norman E. Borlaug Medallion was awarded to AGRA for two decades of work supporting smallholder farmers across Africa.
At Nairobi's DialogueNEXT Summit, former African Development Bank President Akinwumi Adesina called on African governments to demonstrate stronger political will to end hunger, arguing that the continent possesses the technology and knowledge needed but lacks the political accountability to implement proven agricultural innovations. He noted that nearly 320 million Africans continue to suffer from hunger and acute malnutrition despite decades of advances in agricultural science.
Agricultural leaders, policymakers, scientists, and farmers have gathered in Nairobi for DialogueNEXT in Africa, a World Food Prize Foundation summit aimed at accelerating agricultural innovation and addressing food security as Africa faces climate pressures and population growth projected to make the continent home to more than one in every four people globally by 2050.
More than 1,000 policymakers, financiers and industry leaders are gathering in Nairobi from June 30 to July 2 at the FINAS 2026 Summit to address a $100 billion annual financing gap in Africa's agriculture sector, as Kenyans face soaring food prices and rising hunger linked to climate shocks.
Kenya is accelerating water storage and harvesting projects as officials warn that nearly half of treated water is lost before reaching consumers through leakages, illegal connections and billing gaps. The National Infrastructure Fund has identified 50 dam projects aimed at boosting domestic supply, irrigation and industrial use.
Agriculture Cabinet Secretary Mutahi Kagwe launched the Kenya AgriConnect Compact (2025–2030), a Ksh.1.47 trillion partnership with the World Bank to modernise agriculture through technology, digitisation, and agritech platforms, with the government committing Ksh.492.5 billion and seeking Ksh.984.9 billion in private investment.
The head of the UN's International Atomic Energy Agency has defended Kenya's pursuit of nuclear power despite the country already generating more than 90 percent of its electricity from renewable sources, arguing that energy decisions must account for future needs beyond current success.
Finance ministers in Kenya, Uganda and Tanzania will present their 2026/27 budgets to parliament on Thursday, with investors watching how they will manage cost shocks linked to the Middle East war while controlling debt. East Africa faces particular vulnerability due to reliance on petroleum and fertiliser imports, prompting the African Development Bank to cut the region's growth forecast for the year by half a percentage point.