Africa: African Development Bank Approves $16.5 Million Loan to Boost Kenya's Clean Energy Transition

The Board of Directors of the African Development Bank Group has approved a loan of $16.5 million to support the development of the 35 MW OrPower Twenty-Two (OTTL) Geothermal Power… Read more »

Kenya: African Development Bank Approves $60 Million Trade Finance Transaction Guarantee Facility to Equity Bank (Kenya) to Support SMEs, Drive Regional Trade

The Board of Directors of the African Development Bank Group has approved a $60 million Trade Finance Transaction Guarantee facility to support the trade finance activities of… Read more »

Kenya: Kenya - African Development Bank Group and Kcb Bank Sign $150 Million Deal to Accelerate Green Lending and Trade

The African Development Bank Group (AfDB) and KCB Bank Kenya Limited have signed a $150 million financing package to support green finance and accelerate climate-smart investments… Read more »

Kenya: A New Pathway for Youth - AfDB Offers Support for Green Skills for Kenya's Future Workforce

As part of its commitment to driving green and inclusive growth across Africa, the African Development Bank is supporting a new generation of environmentally conscious leaders in… Read more »

Kenya: NARSIP II - Turning Flying Toilets Into Cleaner, Safer Communities Across Nairobi

"Without the African Development Bank, this school would have been closed because of the poor sewerage system that broke down due to flooding from heavy rains in 2024," Alice… Read more »

Kenya: African Development Fund Approves $73 Million to Empower Kenyan Youth Through Science and Technology Development and Entrepreneurship Hubs

The Board of Directors of the African Development Fund, the African Development Bank Group's concessional lending arm, has approved a loan of $73.31 million to strengthen science… Read more »

Kenya: Kenya Country Focus Report Provides a New Roadmap to Economic Prosperity in Kenya

The African Development Bank Group (the Bank) has proposed key reform measures to enhance Kenya's ability mobilize its own capital for development in its newly-released Country… Read more »

Uganda: African Development Bank and Cif to Launch Report On Increasing Business Opportunities, Access to Credit for Women in Renewable Energy in Uganda, Kenya, and Rwanda

What: Launch of report: Increasing Business Opportunities and Access to Credit for Women in Renewable Energy in Uganda, Kenya, and Rwanda Read more »

Kenya: Speed Up the Deployment of Digital Tax Systems, Experts Urge During Kenya Vat Seminar

Tax experts are calling for the rapid scaling-up of digital tax systems across Africa to strengthen domestic resource mobilization, enhance efficiency, and improve transparency in… Read more »

Senegal: Senegal and Kenya Top African Development Bank's Electricity Regulatory Index, As Regulators Drive Tangible Reforms

Kenya and Senegal have claimed the top spots in the African Development Bank's 2024 Electricity Regulatory Index (ERI), demonstrating exceptional progress in power sector… Read more »

Kenya: African Development Bank Launches Entrepreneurship and Skills Development Initiative to Tackle Youth Unemployment in Kenya

Kenya's youth have a new resource for technical, vocational and entrepreneurial training that is set to boost self-employment, reduce reliance on formal employment and contribute… Read more »

Africa: Africa Fertilizer Financing Mechanism Lauded for Projects Worth $10.3 Million in Kenya, Uganda, Mozambique, and Zimbabwe

The Africa Fertilizer Financing Mechanism (The Mechanism) is making significant strides toward closing Africa's agricultural productivity gap. At its 14th Governing Council… Read more »

Kenya: African Development Bank and Mastercard Expand Made Alliance - Africa With Launch of Kenya Country Chapter

The African Development Bank and Mastercard have announced the launch of the Kenya Country Chapter of the Mobilizing Access to the Digital Economy (MADE) Alliance: Africa. The… Read more »

Kenya: Kenya's President Ruto Awards African Development Bank's Adesina Highest National Honour

Kenya's President H.E. William Samoei Ruto has conferred the country's highest honour, Chief of the Order of the Golden Heart CGH, on the President of the African Development Bank… Read more »

Kenya: Gender in Focus - Kenyan Entrepreneur Patents Bee Venom Collection Technology to Boost Productivity and Beekeeper Incomes

Editor's Note: Kenyan entrepreneur Patrice Murugi Wachira developed an innovative technology to extract venom from bees, then monetized the product - to create an additional… Read more »

Africa: Regional Corridors Are the Way for Faster Integration, Adesina Tells Kenyan Ambassador

The President of the African Development Bank Group, Dr. Akinwumi Adesina, has reiterated the Bank's support for the development of regional infrastructure corridors to boost the… Read more »

Kenya: World Food Prize - The Faces and Farmers Behind African Development Bank's Big Agricultural Numbers. Recognizing Champions in Kenya Who Are Boosting Food Production and Transforming Lives.

World leaders and experts in development, agriculture, economic policy, resource management and nutrition gather in Des Moines, Iowa this week for the annual presentation of the… Read more »

East Africa: East Africa - The Ethiopia-Kenya Electricity Highway Is Shaping Regional Connectivity With the Support of the African Development Bank

The electricity highway between Ethiopia and Kenya, officially opened in 2023 after more than 10 years of planning and construction, is redefining energy connectivity in East… Read more »

Kenya: A Race Against Time - The Thwake Dam Story

As the scorching sun beats down on the dusty border between Makueni and Kitui counties in Kenya, a hive of activity buzzes around what is set to become one of Kenya's most… Read more »

Kenya: Kenya's Menengai Geothermal Project to Power Half a Million Homes With Clean Energy

In the heart of the Rift Valley, near Nakuru, northwest of Nairobi, work on the 105-megawatt Menengai geothermal project is advancing rapidly. The project, which consists of three… Read more »

East Africa: Appointment of Director General for the East Africa Regional Development, Integration and Business Delivery Office, and Country Manager for Kenya Dr. Kennedy K. Mbekeani

The African Development Bank Group is pleased to announce the appointment of Dr. Kennedy K. Mbekeani as Director General for the East Africa Regional Development, Integration and… Read more »

Kenya: African Development Bank Takes $10 Million Equity Stake in Kenya's Dhamana Following Anchor Investment From Private Infrastructure Development Group

The African Development Bank has made a strategic equity investment of $10 million in Dhamana Guarantee Company, a Nairobi-based provider of guarantees to support sustainable… Read more »

Kenya: President William Ruto Advocates for $25 Billion Replenishment of African Development Fund, Highlights Impact On Kenya's Development

Kenya's President William Ruto has intensified his campaign for a substantial replenishment of the African Development Fund, underscoring the transformative impact of the… Read more »

Africa: Annual Meetings 2024 - Reforming the Global Financial Architecture to Free Up Financing for Kenya and in Africa Overall

"Today, Africa has $640 billion in outstanding debt and pays nearly $70 billion in interest every year. It would only be fair for us to have a financing mechanism that treats us on… Read more »

Kenya: Kenyan Farmers Get Fertilizer Boost With $2 Million Africa Fertilizer Financing Mechanism Credit Guarantee

In a significant step to advance food security in Kenya, the Africa Fertilizer Financing Mechanism has launched a project that will help deliver nearly 8,000 tons of fertilizers to… Read more »