Kenya top recipient of AfDB funding in East Africa

12w61zhh

The headquarters of the African Development Bank (AfDB) in Abidjan, Ivory Coast on January 30, 2020. PHOTO | REUTERS

Kenya tops the East and Central African region as the biggest beneficiary of funding from the African Development Bank (AfDB) over the last decade.

Data from the pan-African lender shows that AfDB approved a total of $3.718 billion (UA2.77 billion) to Kenya between 2013 and 2023 followed by $2.83 billion (UA2.11 billion) to neighbouring Tanzania and a further $1.81 billion (UA1.35 billion) to Rwanda.