African Development Bank (AfDB)

AfDB ranks Kenya ninth industrialised African country

Reading Time: < 1 minute Kenya is the ninth most industrialised nation in Africa, the latest African Development Bank (AfDB) industrialization report says. The continental […]

Kenya Mortgage Refinance Company gets nod to raise Sh11b bond

Reading Time: 2 minutes Capital Markets Authority (CMA) has approved an unsecured Sh10.5 billion medium-term note for Kenya Mortgage Refinance Company (KMRC) from the […]

AfDB debars Kenyan firm, CEO for fraudulent practices

Reading Time: < 1 minute African Development Bank (AfDB) Group has prohibited a Kenyan firm, Rockey Africa Ltd, from doing business with it for the […]

Kenya gets Sh110m AfDB grant to create super energy service company

Reading Time: 2 minutes African Development Bank (AfDB) through its clean energy programme has extended a $1 million (Sh110.4 million) grant to support the […]

African Development Bank mulls more funds for Thwake

Reading Time: 2 minutes Over one million residents of Makueni, Kitui and parts of Machakos counties will benefit from the completion of the Sh42.4 […]

Why Africa must upscale agricultural production

Reading Time: 4 minutes Africa despite enjoying huge arable land, robust and innovative agricultural technologies is still lagging behind in terms of food production […]

Reports: Lender out of Sh130b coal project

Reading Time: 2 minutes Steve Umidha @UmidhaSteve The Industrial and Commercial Bank of China (ICBC) has reversed plans to finance the ambitious 1,050MW Lamu […]

Thwake dam waters critical in Konza city development plans

Reading Time: 2 minutes Water from the multi-billion shilling Thwake Multipurpose Dam will be a critical element and a big game-changer to the development […]

Five things to know about Guinea ahead of elections

Reading Time: 2 minutes Conakry, Sunday Guinea is among the world’s poorest countries, despite significant mineral resources, and has a turbulent political history. Guinea […]

AU releases Sh2.9b grant to fight Covid-19 pandemic

Reading Time: < 1 minute Kenya is to benefit from the African Development Bank (AfDB) approved $27.33 million (Sh2.9 billion) in grants to boost the […]