(From left) Equity Bank Kenya Managing Director, Moses Nyabanda, and Gérardine Mukeshimana, IFAD Vice President, during the signing ceremony of the Africa Rural Climate Adaptation Finance Mechanism (ARCAFIM) in Kigali, on the sidelines of the Africa Food Systems Forum 2026. PHOTO| Courtesy

East African farmers to access Sh25.9bn climate adaptation fund

East African farmers will access a Sh25.9bn climate finance fund. The programme targets 260,000 farmers and 500 rural businesses. Funds will support irrigation, livestock, storage, renewable energy and agro-processing. Smallholder farmers and rural businesses across East Africa are set to benefit from a new Sh25.9 billion climate finance mechanism, designed to help them invest in…

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Richard Muteti OGW, HSC, Chief Executive Officer of CMSEO EA. PHOTO| Courtesy

Regional body urges calm amid Kenya foreign trader crackdown

Regional trade body urges foreign traders to remain calm. CMSEO EA says the directive targets undocumented businesses, not lawful traders. Traders are urged to keep immigration and business documents in order. Nairobi’s small business scene has been on edge lately, and now a regional trade body wants to bring the temperature down. The Confederation of…

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Representatives from Equity Group and the International Fund for Agricultural Development (IFAD) hold the signed partnership documents after launching the Africa Rural Climate Adaptation Finance Mechanism (ARCAFIM).

IFAD, Equity launch $200m climate finance mechanism

IFAD and Equity launch a US$200 million climate finance mechanism. ARCAFIM targets 260,000 farmers and 500 rural businesses. Women and youth will make up at least 80 percent of beneficiaries. The International Fund for Agricultural Development (IFAD) and Equity Group have launched the Africa Rural Climate Adaptation Finance Mechanism (ARCAFIM), a US$200 million (Ksh25.89 billion)…

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AfDB headquarter in Abidjan, Côte d'Ivoire./ Courtesy

BDO India, EACREEE win AfDB deal for KTDA energy study

AfDB awards a clean energy feasibility study contract for KTDA facilities. The six month study will assess viable renewable energy options. BDO India and EACREEE won the contract through competitive bidding. The African Development Bank (AfDB) has awarded a consultancy contract to BDO India Services Private Limited, working in consortium with the East Africa Centre…

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Principal Secretary for Trade Regina Ombam.- photo courtesy

Kenya backs proposal to extend AGOA to 2028

Kenya backs AGOA extension to 2028 for continued US market access. Tea, coffee, flowers and nuts could benefit from tariff free exports. Government pushes value addition to boost agricultural export earnings. Kenya has welcomed a proposal to extend the African Growth and Opportunity Act (AGOA) to December 2028, saying the move would provide exporters with…

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Cooperative finance professionals from 12 countries who completed ADE Programme in Kilifi.- photo courtesy

ACCOSCA graduates co-op professionals from 12 countries

Nearly 50 cooperative finance professionals from 12 countries have graduated from ACCOSCA’s ADE Programme. The seven day training focused on stronger Sacco leadership, governance and financial inclusion. Applications for the 2027 ADE classes open on September 1, 2026. Nearly 50 cooperative finance professionals from 12 countries have completed the African Development Educators (ADE) Programme in…

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ACCOSCA champions Africa’s cooperative voice in Fiji

ACCOSCA takes Africa’s cooperative finance experience to a major global dialogue in Fiji. The engagement highlights how cooperative finance can drive inclusive economic participation. African and Pacific stakeholders explore stronger collaboration to advance the cooperative movement. The African Confederation of Cooperative Savings and Credit Associations (ACCOSCA) has taken Africa’s cooperative finance experience to a high-level…

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Prime Cabinet Secretary Musalia Mudavadi (Right) and ACCOSCA's Head of Mission George Ombado in holding the signed Host Country Agreement in Nairobi.-Photo courtesy

Kenya grants ACCOSCA diplomatic status in landmark deal

Kenya has granted ACCOSCA diplomatic status through a new Host Country Agreement. The agreement was signed by Prime Cabinet Secretary Musalia Mudavadi and ACCOSCA Head of Mission George Ombado. The status is expected to strengthen ACCOSCA’s operations and its role in promoting the Sacco movement across Africa. The Government of Kenya has signed a Host…

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ACCOSCA leads job shadowing for Botswana Sacco delegation

ACCOSCA organised a two week job shadowing programme for a Botswana Sacco delegation across Kenya and Malawi. The programme focused on governance, digital transformation, member service, growth and strategic partnerships. Dikwata Sacco visited Kenya National Police DT Sacco, Mwalimu National Sacco and United Civil Servants Sacco to learn from their operations and growth models. A…

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Pamoja Canada Diaspora Sacco launches Sharia-compliant loans

Pamoja Canada Diaspora Sacco launched Sharia compliant Emergency, Education and Asset Finance loans for Kenyans in Canada. The products aim to give Muslim members faith compliant access to savings, investment and financing while promoting financial inclusion. Kenya’s Acting High Commissioner to Canada welcomed the initiative, saying it will strengthen savings, wealth creation and diaspora investment….

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