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Wednesday, 1 July 2026
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Wednesday, 1 July 2026
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Kenyan press · Organization

African Development Bank

Also known as: AfDB · African Development Bank Annual Meetings

Development financing institution that cut East Africa's growth forecast due to regional economic shocks.

2026-04-272026-07-01

In coverage

Verbatim sentences from the source article.

  1. June 2026
  2. Capital News

    In his opening address, 2017 World Food Prize Laureate and former African Development Bank President Akinwumi Adesina challenged delegates to envision a stronger future for Africa.

    African Agri-Food Innovators Honoured at Nairobi Summit as World Food Prize Foundation Celebrates Food Security Champions
  3. Capital News

    NAIROBI, Kenya, Jun 30 — Former African Development Bank President Akinwumi Adesina has challenged African governments to demonstrate stronger political will to end hunger, arguing that the continent’s biggest obstacle is no longer a lack of technology but a failure to scale prov

    Adesina Leads Call for Political Will to End Hunger as Nairobi Hosts DialogueNEXT Summit
  4. Capital News

    Former African Development Bank President and 2017 World Food Prize Laureate Akinwumi Adesina said Africa’s agricultural potential remains immense despite persistent underinvestment.

    Global Agricultural Leaders Meet in Nairobi to Chart Africa’s Food Future Amid Climate Threats
  5. The Standard

    It also takes place at a time Kenya and the rest of the African continent are grappling with rising hunger, climate shocks and a ballooning food import bill projected to exceed $110 billion (Sh14.3 trillion) this year, according to the African Development Bank.

    Africa food finance summit kicks off in Nairobi as Kenyans confront food insecurity
  6. The Standard

    Key projects include Thwake Dam on the Makueni and Kitui border, which has cost about KSh39 billion and received an additional Sh10 billion from the African Development Bank (AfDB).“We will begin impounding water soon.

    Half of treated water never reaches consumers, PS Korir says
  7. Citizen Digital

    Other development partners in attendance included World Bank Group, IFAD, African Development Bank (AfDB), Gates Foundation, AGRA, the US Embassy, Embassy of the Netherlands, German Embassy, GiZ, American Chamber of Commerce, British Chamber of Commerce & Industry, KEPSA, KAM and

    CS Kagwe launches Ksh.1.4T agriculture mordernisation project
  8. Citizen Digital

    The shift, he added, has triggered growing interest from regional development banks, including ongoing discussions with the African Development Bank, potentially opening new financing channels for countries exploring nuclear energy.

    IAEA chief backs Ruto's nuclear push despite Kenya's renewable energy success
  9. Citizen Digital

    East Africa is seen as highly susceptible to the impact ​of the war given its reliance on petroleum and fertiliser imports - concerns which have ​caused the African Development Bank to cut the region's growth forecast for this year ⁠by half a percentage point.

    East African ministers to unveil budgets amid Iran cost shocks, debt strains
  10. The Standard

    The African Development Bank's Jobs for Youth in Africa strategy set out an ambition to create 25 million jobs and equip 50 million young people with employable skills.

    East Africa must give its young people power, not promises
  11. The Standard

    The African Development Bank's push for a New African Financial Architecture for Development, alongside the planned launch of the Africa Credit Rating Agency, reflects a broader effort to strengthen the continent's financial autonomy and reshape perceptions of African risk.

    Beyond the oil: Why Africa's financial elite are heading to Luanda

Yesterday

  1. World Food Prize Foundation honours African agri-food innovators at Nairobi summit

    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.

    20 hours ago · Capital News

  2. Adesina urges political will to end Africa's hunger crisis

    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.

    20 hours ago · Capital News

  3. Global agricultural leaders meet in Nairobi to strengthen African food systems

    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.

    21 hours ago · Capital News

  4. Africa food finance summit opens in Nairobi amid food insecurity

    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.

    30 June 2026 · The Standard

Tuesday 23 June

  1. Nearly half of treated water lost before reaching consumers

    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.

    23 June 2026 · The Standard

Wednesday 17 June

  1. CS Kagwe launches Ksh.1.47T agriculture modernisation initiative

    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.

    17 June 2026 · Citizen Digital

Friday 12 June

  1. IAEA chief supports Kenya's nuclear energy strategy

    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.

    12 June 2026 · Citizen Digital

Thursday 11 June

  1. East African finance ministers present 2026/27 budgets amid regional shocks

    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.

    11 June 2026 · Citizen Digital

Wednesday 10 June

  1. East African budgets must empower youth, not just fund government

    An opinion piece argues that as East African finance ministers prepare budgets totalling roughly USD 125 billion across six countries, the real test will be whether these budgets shift power and decision-making to young people who must live with today's consequences, rather than simply funding government activity.

    10 June 2026 · The Standard

Tuesday 9 June

  1. Africa Financial Summit moves to Luanda to signal emerging opportunity

    The Africa Financial Summit, hosting 1,250 policymakers, central bankers, investors and fintech disruptors, is heading to Luanda in November for the first time, reflecting Africa's search for a financial system capable of funding its own ambitions. Angola's economic modernisation and diversification beyond oil, alongside projects like the $1.2 billion Lobito Corridor linking Angola, Zambia and the Democratic Republic of Congo, illustrate the type of cross-border investment shaping Africa's economic future.

    9 June 2026 · The Standard

Friday 29 May

  1. Co-op Bank named Africa's top SME lender at 2026 awards

    The Co-operative Bank of Kenya has been named SME Bank of the Year in Africa at the 2026 African Banker Awards, recognising its contribution to SME financing and economic empowerment across the continent.

    29 May 2026 · Citizen Digital

Tuesday 26 May

  1. Ruto commissions Mariakani substation to ease coastal power pressure

    President Ruto commissioned the 400/220KV Mariakani substation in Kilifi County, developed by KETRACO, which links the Coast to Nairobi through the national transmission grid. Since its energization in December 2025, thermal power generation at the Coast has reduced from 100MW to 35MW, a 65 percent reduction in fossil-fuel reliance.

    26 May 2026 · Citizen Digital

Wednesday 20 May

  1. Kenya securitises smallholder farm loans for institutional investment

    Kenya is testing local-currency securitization of smallholder farm loans to attract institutional investors into agriculture. The move reflects a broader African shift to build financial infrastructure, including warehouse receipt systems and digital commodity registries, to standardize agricultural risk and make farm lending more investable at scale.

    20 May 2026 · Capital News

Monday 18 May

  1. Spotify Africa chief discusses streaming growth and artist royalties

    Spotify Sub-Saharan Africa Managing Director Jocelyne Muhutu-Remy spoke at the platform's Johannesburg event about royalties and the continent's music sector. The company revealed that South African artists generated more than Ksh.3.9 billion in royalties on Spotify in 2025.

    18 May 2026 · Citizen Digital

  2. Africa needs skills development to sustain external partnerships

    An editorial argues that Africa's partnerships with external actors—focused on financing, infrastructure, resources, and trade—risk deepening dependency unless the continent develops industry-ready skills to drive its own industrialisation and fulfil the vision of the African Continental Free Trade Area and Agenda 2063.

    18 May 2026 · The Standard

Saturday 16 May

  1. Nairobi hosts Africa food finance summit to address $100bn gap

    Kenya will host the FINAS 2026 Summit from June 30 to July 2 in Nairobi, bringing together over 1,000 policymakers, financiers and industry leaders to address a $100 billion annual financing gap hobbling Africa's agriculture sector. The summit aims to unlock capital and translate policy into bankable investments that reach smallholder farmers, who produce 70–80 per cent of the continent's food supply but remain largely excluded from formal financing.

    16 May 2026 · The Standard

Thursday 14 May

  1. AFD announces energy, AI, and entrepreneurship investments for Africa

    The Agence Française de Développement Group unveiled new initiatives in energy, artificial intelligence, entrepreneurship and sports development at the Africa Forward Summit in Nairobi. Key announcements include a €173 million financing package to improve electricity access in Benin through the construction and rehabilitation of approximately 4,500 kilometres of power lines, expected to benefit about 600,000 people.

    14 May 2026 · The Standard

Wednesday 13 May

  1. Africa faces 75% surge in project professionals demand by 2035

    Sub-Saharan Africa's skills shortage is locking the continent out of development capital, the Project Management Institute warns ahead of its annual summit in Cape Town in September. The institute says the lack of bankable projects and skilled professionals is hindering Africa's ability to unlock funding and deliver impact.

    13 May 2026 · The Standard

Tuesday 12 May

  1. Ruto urges Africa to mobilize domestic capital, build equal partnerships

    President Ruto opened the Africa Forward Summit in Nairobi alongside French President Macron, calling for Africa's development to move away from dependency and unsustainable borrowing towards domestic resource mobilization. He cited Kenya's affordable housing financing model and urged stronger cooperation grounded in sovereign equality and mutual respect rather than hierarchy.

    12 May 2026 · Citizen Digital

  2. Kenya uses securitization to attract institutional investment in smallholder farming

    Kenya is using local-currency securitization and data-driven risk models to transform smallholder farm lending into a capital-markets asset class, aiming to attract institutional investors to agriculture. The move reflects a broader shift across Africa to build financial infrastructure—including warehouse receipt systems and digital commodity registries—to standardize and price agricultural risk for large-scale commercial capital.

    12 May 2026 · Capital News

  3. Ruto and Macron champion African financial independence at summit

    President William Ruto and French President Emmanuel Macron have called for a new global partnership framework placing Africa at the center of decisions on development financing, trade, energy transition, and global governance. Speaking at the Africa Forward Summit 2026 in Nairobi, Ruto said African leaders were determined to end decades of dependency and externally driven development models by mobilizing the continent's own resources to finance growth and industrialization, arguing that African pension funds, insurance firms, and reinsurance institutions collectively hold more than $4 trillion in savings that remain underutilized.

    12 May 2026 · The Standard

Monday 11 May

  1. EU's Global Gateway offers alternative to China's Belt and Road

    The European Union launched the Global Gateway initiative in 2021 as a more sustainable alternative to China's Belt and Road Initiative, with planned investments of €300 billion between 2021 and 2027 focused on infrastructure, digital connectivity, clean energy, transport, education and health, emphasizing sustainability, transparency and local partnership over centralised state-driven financing.

    11 May 2026 · Capital News

Sunday 10 May

  1. Kenya, France sign 11 cooperation deals including rail modernisation

    Kenya and France have signed 11 agreements to deepen cooperation across strategic sectors, including a KSh12.5 billion Nairobi Commuter Rail project rehabilitation and modernisation, a KSh104 billion joint venture for logistics and port infrastructure, and initiatives to promote Kenyan speciality teas in French markets.

    10 May 2026 · Capital News

  2. Kenya and France sign 11 strategic cooperation agreements

    Kenya and France have signed 11 agreements aimed at deepening cooperation across strategic sectors, following bilateral talks between President William Ruto and French President Emmanuel Macron at State House, Nairobi. Key agreements include the rehabilitation and modernisation of the Ksh.12.5 billion Nairobi Commuter Rail project.

    10 May 2026 · Citizen Digital

Monday 27 April

  1. Security conference addresses African fragmentation in global order

    A security conference deliberated on the consequences of Africa's fragmentation into 54 independent states, which limits the continent's collective voice and influence despite its large population and resources.

    27 April 2026 · The Standard

African Development Bank — Kenyan press coverage · Kenya Minute