AGP Executive Report
Last update: 8 hours agoBlue Economy Deal: Kenya’s Our Ocean Conference in Mombasa secured USD 6.4bn in new commitments for ocean conservation, fisheries, climate resilience and blue ventures, including Kenya’s USD 200m plan to install electronic monitoring on industrial fishing vessels. Cybersecurity Push: Parliament approved the National Cybersecurity Agency to coordinate national cybersecurity and protect Kenya’s growing digital infrastructure. Finance Bill Fallout: President Ruto is set to assent to the Finance Bill 2026 after MPs passed it, but critics including Siaya’s James Orengo and others want it returned for fresh scrutiny ahead of June 25 protests. Digital Payments Expansion: KCB and Airtel Money signed a partnership letting Airtel Money users deposit and withdraw cash at 22,000+ KCB agents, boosting interoperability and access. Housing Finance: Absa unveiled a developer-led home loan offer at 8.9% per annum to tackle Kenya’s housing deficit and speed buyer-developer financing. Agriculture Mechanization: KCB and Inchcape Kenya launched mechanization financing for New Holland tractors, with up to 95% funding and flexible repayment tied to harvest cycles. Public Health & Jobs: Kakamega opened a second renal unit with dialysis capacity, while Kenya’s HIV response faces renewed pressure as infections rise among young people. Governance & Accountability: A court nullified Dock Workers Union elections and ordered fresh polls, citing constitutional and legal violations.
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