AGP Executive Report
Last update: 7 hours agoAgri-Food Finance: Kenya unveiled NASIP 2026–2030, a KSh21 trillion (KES1.081t) farm investment blueprint aimed at modernising value chains, expanding irrigation and creating 2+ million jobs by 2030, with blended financing and heavy private-sector participation expected to reshape East Africa’s agricultural capital race. Housing & Land Use: Government urged a shift to high-rise housing in Kiambu to curb agricultural land loss, pointing to Tatu City’s multi-storey towers as a model for investors and diaspora capital. Banking & SME Credit: Absa and Unilever signed a Sh4bn SME financing programme to ease working-capital pressure across distributors and retailers, while Equity Bank advertised managerial vacancies with tight deadlines. Digital Economy & Consumer Rules: Parliament is set to scrutinise a Metered Internet Billing Bill that would force consumption-based pricing instead of fixed packages, raising questions for “unlimited” fibre plans. Public Finance Integrity: Fresh payroll “ghost worker” claims are reigniting calls for immediate reforms and prosecutions after allegations of billions lost through fraudulent salaries. Health Payments: The Social Health Authority rejected or returned about 20% of county facility claims (errors, missing documents or rule failures), with Sh27.91bn already paid out of Sh40.91bn submitted. Food Systems Recognition: AGRA received the Norman E. Borlaug Medallion for two decades of work advancing Africa’s food systems transformation and smallholder support. Logistics & Investment: DP World opened Egypt’s first fully integrated Sokhna logistics distribution centre, while Saudi investors took a 49% stake in Tatu City’s Jabali Towers, signalling continued construction momentum. Security & Rights: Police denied abduction claims, insisting no station is holding missing persons, as families and rights groups push for accountability.
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