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Kenya loses Sh11bn stake in AfDB amid cash crunch
Delegates attend the annual meeting of the African Development Bank (AfDB) at the Kintele International Conference Center in Brazzaville, Republic of Congo on May 26, 2026.
Kenya has lost 6,715 shares at the African Development Bank (AfDB), valued at Sh11.9 billion, after it failed to complete annual subscription, affecting its ownership in the multilateral lender.
Latest disclosures by the bank show that Kenya’s shares at the end of December stood at 180,161, down from 186,876 at the end of 2024, diluting its shareholding to 1.034 percent from 1.16 percent.
