Why Trump is demanding AfDB clean-up as Kenya's loan billions expose graft

A US Treasury report reveals that 83 per cent of AfDB’s sanctioned cases involved fraud, with Kenya identified as a top beneficiary of loans and a primary source of corruption complaints...

✨ Key Highlights

A recent confidential US Treasury report demands immediate governance reforms at the African Development Bank (AfDB) due to widespread fraud. Kenya, a major recipient of AfDB loans, is also identified as a primary source of corruption complaints.

83% of the AfDB's sanctioned cases involved fraud.
The AfDB is a crucial financing source for Kenya's infrastructure projects.
The report highlights concerns over widespread graft in AfDB-funded projects, particularly in Kenya.