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Originally published by Capital News
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October 9, 2025
5h ago

Kenya has increased shareholding in Trade and Development Bank by $100mn

Kenya has increased shareholding in Trade and Development Bank by $100mn

NAIROBI, Kenya, Oct 9 - Kenya has increased shareholding in Trade and Development Bank (TDB) by $100 million, an African multilateral financial - Kenya breaking news | Kenya news today | Capitalfm.co.ke..

✨ Key Highlights

Kenya has significantly increased its shareholding in the Trade and Development Bank (TDB) by $100 million, enabling access to long-term financing at favorable rates, as announced by President William Ruto.

  • Kenya also committed $50 million as share capital to Afreximbank, reinforcing its support for African financial institutions.
  • President Ruto assumed the chairmanship of COMESA during the 24th COMESA Summit in Nairobi, where heads of state discussed strengthening regional integration and digital transformation.
  • Kenya has removed visa restrictions for other African nationals, leading to a doubling of visitors, and President Ruto urged other African countries to follow suit to boost intra-African trade beyond its current 14 percent.

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