Kenya is set to significantly increase its stake in the continental insurer African Trade and Investment Development Insurance (ATIDI). This move underscores Kenya's commitment to strengthening African financial institutions and funding development from within the continent.

• Kenya plans to raise its shareholding in ATIDI to $65 million (Sh8.4 billion) from the current $25 million (Sh3.23 billion).
• The announcement was made by Kenya's President William Ruto during the ATIDI's 26th Annual General Meeting in Nairobi.
• President Ruto also presented ATIDI with a title deed for land to build its permanent headquarters, emphasizing the need for Africa to finance its own development.