The African Development Bank Group (AfDB)

NEWS

AfDB and KCB Bank sign $150 million deal to accelerate green lending and trade

The African Development Bank Group (AfDB) and KCB Bank Kenya have sealed a major financing agreement worth $150 million (approx. KES 19.5 billion) aimed at bolstering green finance and expanding trade capabilities for Kenyan businesses. The deal, signed on December 11, 2025, positions KCB to significantly increase its lending to climate-smart projects while supporting the country’s small business and corporate…