Kenya is set to get Sh19.8 billion ($170 million) loans from the African Development Bank (AfDB) this year for budgetary support and agriculture to help its economy recover from the effects of the Covid-19 pandemic and the Russia-Ukraine conflict.
Nnenna Lily Nwabufo, AfDB director-general for East Africa, said the amount Sh11.66billion ($100 million) would go towards budget support to help steer the Kenyan economy back on track amid inflationary pressure.
