Also known as: AfDB · African Development Bank Annual Meetings
Development financing institution that cut East Africa's growth forecast due to regional economic shocks.
Verbatim sentences from the source article.
The Standard
… ersation that while we go looking for financing our projects using other people’s money, we already have enough in Africa,” he said.Ruto said African leaders had agreed to prioritize unlocking domestic financing mechanisms through institutions such as the African Development Bank …
Ruto, Macron push for African financial sovereignty ahead of G7 talksCapital News
… The EU, European Investment Bank, African Development Bank, Africa Finance Corporation, World Bank and the United States are all supporting the initiative in partnership with Angola, Zambia and the DRC. …
Global Gateway Emerges as Europe’s Strategic Alternative to China’s Belt and Road InitiativeCapital News
… ca Forward Summit will seek to accelerate reforms to the international financial architecture and push for the agenda at the G7 Summit to be hosted in France next month. “We will try and speed up the reform of the African Financial Infrastructure with the African Development Bank …
Kenya, France Sign 11 Deals as Ruto Pushes ‘Looking Forward’ Partnership AgendaCitizen Digital
… he said the Africa Forward Summit will seek to reform the international financial architecture and defend the reforms at the G7 Summit to be hosted in France next month. “We will try and speed up the reform of the African Financial Infrastructure with the African Development Bank …
Kenya and France sign 11 agreements in strategic sectorsThe Standard
African Development Bank President, Donald Kaberuka. [File, Standard] A richly endowed continent with as much population as China’s and India’s, but fragmented into 54 independent states, whose collective voice and feel are marginal in the evolving global order. …
Security conference deliberates on perils of fragmented AfricaThe 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.
21 hours ago · Capital News →
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.
21 hours ago · Capital News →
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.
21 hours ago · Capital News →
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.
22 hours ago · Capital News →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →
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 →