Egypt has proposed a Ksh 12.9 billion fund to support Kenya's dam and water projects within the Nile Basin framework, signaling a potential shift in regional cooperation.

• The proposed fund amounts to Ksh 12.9 billion, equivalent to approximately $95 million USD.
• The proposal was made during high-level talks in Nairobi, led by Egypt's Foreign Minister, Badr Abdelatty.
• Funds would support initiatives within the Southern Nile Basin framework, including rainwater harvesting and projects like the Koru Dam.
• Egypt emphasized strengthening partnerships with upstream countries and promoting water security.
• The initiative, launched in late 2024, aims to support projects that align with international law and mutual respect, avoiding significant water flow reduction downstream.
• The eighth session of the Egypt-Kenya Joint Commission will finalize technical blueprints in Cairo later this year.