African Development Bank’s (AfDB) loans to Kenya have grown 37.2 percent in the last five years to cross the half-a-trillion shilling mark, deepening the pan-African lender’s role in the country’s development agenda.
Treasury Cabinet secretary Njuguna Ndung’u said AfDB’s loan portfolio to Kenya hit Sh584.9 billion ($3.95 billion) by the end of last month from Sh290.3 billion ($2.88 billion) as of September 2018.
