Kenya's President William Ruto with his Burundian counterpart Evariste Ndayishimiye during the official opening of the 24th Comesa Summit of Heads of State and Government in Nairobi on October 9, 2025. Ruto took over as chairperson of Comesa from Ndayishimiye.
Kenya has raised its stake in the Trade and Development Bank (TDB) by $100 million and injected an additional $50 million into the African Export–Import Bank (Afreximbank), President William Ruto said on Thursday, reaffirming the country’s commitment to strengthening African financial institutions.
President Ruto, who on Thursday took over as chairperson of the Common Market for Eastern and Southern Africa (Comesa) from Burundi’s Évariste Ndayishimiye, said that African-led financial institutions are proving to be the continent’s true partners in progress and called for their support.
