Japan has pledged up to Sh22 billion (25 billion yen) in Samurai Financing to Kenya, aiming to boost the local vehicle assembly and parts manufacturing industry while improving the energy sector.

• The financing will address energy transmission and distribution losses, currently at about 23 percent of Kenya's national output.
• The announcement was made during the Tokyo International Conference on African Development (TICAD 9), attended by President William Ruto and Japanese Prime Minister Shigeru Ishiba.
• Prime Cabinet Secretary Musalia Mudavadi signed the Memorandum of Understanding with Mr. Atsuo Kuroda, Chairman and CEO of Nippon Export and Investment Insurance.