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Kenya’s Finance Minister Takes Lead At African Development Bank

Kenya’s Cabinet Secretary for finance, Prof Njuguna Ndung'u, has been elected the chairman of the Board of Governors for African Development Bank Group.

Youth In Agriculture To Get Sh1.5M Each Under ENABLE Kenya Project

ENABLE Kenya, funded by both the Government of Kenya and the African Development Bank (AfDB), seeks to build the capacity of 10,000 Kenyan young people involved in agribusiness to enable them create employment opportunities for 50,000 others. Besides training and capacity building, a large proportion of the Ksh2.2 billion ENABLE Kenya kitty will be disbursed to beneficiaries as interest-free loans amounting to Ksh500 million to finance startups, and Ksh900 million in low interest credit for existing youth enterprises.

Kenya’s Sh1.62 bn Helped Turnaround Shelter Afrique

Pan African housing development financier, Shelter Afrique received Ksh 1.62bn ($16.2m) in additional capital between 2017 and 2019, which played a significant role in the Company’s turnaround process. Shelter Afrique Chairman Nghidinua Daniel said the company's speedy recovery was thanks to the financial support and the goodwill by...

G7 Opens Sh20bn Lifeline for Women Entrepreneurs

AFAWA takes a holistic approach to boost access to finance for women-owned and led businesses by strengthening the capacity of women entrepreneurs.

AfDB and partners unite in major push against malnutrition −‘the silent killer’

Did you know that every $1 invested in nutrition generates as much as $138 in better health and increased productivity? The evidence is clear: improving nutrition boosts personal health as well as economic health. Africa has 20 of the 24 countries with stunting rates of over...

AfDB approves Sh7.3b loan to improve access to sustainable wastewater services in Nairobi

The project will also support Athi Water Services Board and Nairobi City Water and Sewerage Company to offer improved sanitation services through institutional strengthening