East African Development Bank — regional development institution facing parliamentary scrutiny over regulation, immunity, and Kenyan public funds, while involved in high-profile loan disputes including a Ksh.4.5 billion case with former Cabinet Secretary Raphael Tuju.
For a regional lender whose operations in Kenya are governed by a special treaty framework and legal protections, the East African Development Bank (EADB) is now facing scrutiny on multiple fronts. …
Supreme Court lifts recusal of four judges in Ksh.4.5B Tuju-EADB dispute By Laura Otieno September 25, 2026 09:25 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Audio By Vocalize The Supreme Court has lifted recusal order …
… That was one of the clearest messages to emerge from the inaugural East Africa CEO & Investment Forum, held in Nairobi on September 17–18.Convened by the East African Business Council (EABC), the East African Community (EAC) Secretariat and the East African Development Bank (EADB …
… The development leaves the immediate fate of the property uncertain as the long-running dispute between Tuju and the East African Development Bank (EADB) continues. …
… "The matter of that sale is currently the subject of litigation at the Auctioneer's Tribunal and the High Court," said Tuju.He named several pending cases, including Supreme Court case SCPT/E012/2023, Dari Limited versus East African Development Bank (EADB), which he said remains …
EADB pumps Ksh.11.6 million into East Africa School Games By Agencies August 17, 2026 11:20 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter EADB Tanzania Country Manager, Stephen Wambura (Right), officially hands over to F …
… East African Development Bank (EADB) Country Manager Angela Muga said the bank was committed to supporting private-sector growth through long-term financing and expertise in sectors including agriculture, manufacturing, infrastructure, renewable energy and climate-related investm …
… Meanwhile, East African Development Bank (EADB) Country Manager Angela Muga said the bank is providing long-term financing and sector expertise to support businesses and SMEs in agriculture, manufacturing, infrastructure, renewable energy and other sectors. …
… ers have scheduled the sale of former Cabinet Secretary Raphael Tuju's Entim Sidai property in Karen after he allegedly failed to comply with High Court conditions requiring him to deposit KSh50 million as security in an ongoing loan dispute with the East African Development Bank …
The East African Development Bank faces scrutiny from Parliament over its regulation, legal immunity, and dealings involving Kenyan public funds, while courts challenge the legal framework governing its operations.
The East African Development Bank faces scrutiny from Parliament over its regulation, legal immunity, and dealings involving Kenyan public funds, while courts challenge the legal framework governing its operations.
The Supreme Court has lifted recusal orders that barred four judges from handling a Ksh.4.5 billion dispute involving former Cabinet Secretary Raphael Tuju, his family, Dari Limited and the East African Development Bank. The judges had recused themselves in 2024 after a bias complaint was lodged with the Judicial Service Commission, but the Court found that circumstances had changed, reviving a legal battle stalled for nearly two years.
An inaugural East Africa CEO & Investment Forum held in Nairobi presented 95 pre-screened investment opportunities worth nearly US$3.95 billion across sectors including agribusiness, manufacturing, and energy. The forum emphasized that beyond capital, the region needs predictable regulations, efficient borders, harmonized standards, and reliable infrastructure to translate investment potential into actual deals.
The scheduled auction of former Cabinet Secretary Raphael Tuju's 20-acre Entim Sidai property in Karen failed to take place after those who attended did not meet the requirements to participate as bidders, according to Garam Auctioneers.
Former Cabinet Secretary Raphael Tuju has rejected plans to auction his 20-acre Karen property, Entim Sidai Wellness Sanctuary, stating the matter is before the Supreme Court, Auctioneer's Tribunal, and High Court. The dispute stems from a Sh1.2 billion loan from East African Development Bank to Tuju's firm Dari Limited in 2015, which has grown to about Sh4.5 billion with interest and penalties after the firm fell behind on payments.
World Under-20 champion Emmanuel Kiprono led Kenya to sweep all cross-country gold medals at the 2026 Federation of East Africa Schools Sports Association games in Morogoro, Tanzania, winning in 22 minutes, 25.6 seconds.
The East African Development Bank has injected Ksh.11.6 million into the 23rd FEASSA Games in Morogoro, Tanzania, which features 413 teams and 5,548 participants competing in 51 sporting disciplines. The bank said the support aims to invest in young talent and promote healthy lifestyles and character development across the region.
Business leaders and investment experts have called for urgent reforms to remove barriers to trade and investment in East Africa, warning that the region risks losing billions in economic opportunities unless member states improve implementation of regional agreements. At the CEOs–Trade & Investment Roundtable, the East African Business Council Executive Director cited intra-EAC trade of about Sh2.55 trillion against a regional economy valued at approximately Sh46.6 trillion, and called for removal of non-tariff barriers, harmonisation of standards, and lower logistics costs.
The East African Business Council has urged the removal of non-tariff barriers and harmonisation of standards to boost intra-EAC trade and investment. EABC Executive Director Ahmed Farah noted that intra-EAC trade stands at USD 19.7 billion compared with a regional economy valued at 357 billion dollars, pointing to significant expansion potential.
Auctioneers have scheduled the sale of former Cabinet Secretary Raphael Tuju's 20-acre Entim Sidai property in Karen after he allegedly failed to deposit KSh50 million as security in a loan dispute with the East African Development Bank, with the auction set for August 25, 2026.
Questions have emerged over the East African Development Bank's Kenya operations amid reports of potential loss of about Sh6.6 billion if no action is taken, with stakeholders noting no dividend payouts have been made in years. Stakeholders appearing before Parliament's Finance Committee raised constitutional, governance, and accountability concerns about the proposed East African Development Bank (Amendment) Bill.
The East African Development Bank is attempting to recover Sh1.3 billion from Kenya Bus Service (KBS) Mombasa, which was issued a Sh126.75 million loan in 1998 with three Mombasa-based tycoons as principal guarantors.
The High Court ruled Thursday that it cannot grant a stay of execution for former Cabinet Secretary Raphael Tuju's Dari Business Park in Karen, as the property has already been sold. The court did grant a temporary stay for Tuju's other property, Entim Sidai Wellness Sanctuary, pending appeal, with Tuju required to deposit Ksh.50 million as security within 30 days.
An opinion piece argues that Kenya should rethink the constitutional number of judges at the Supreme Court, citing recurring quorum difficulties that have hindered the court's ability to sit and function effectively.