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The Kenyan government announced that nearly 97,000 new individuals have contributed revenue within a four-month period, paying Sh7.8 billion. The government is signaling a significant shift in its approach to funding major infrastructure projects, moving away from heavy reliance on borrowing toward private capital and pensions. The Kenya Revenue Authority is intensifying its efforts to combat illicit cross-border trade. Separately, Shelter Afrique Development Bank and the International Finance Corporation signed a memorandum of understanding to boost affordable housing and urban development funding across Africa.
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