AfDB and Equity Bank Kenya sign US$60 million trade-finance guarantee
The facility aims to widen Kenyan businesses’ access to financing for eligible import and export transactions.
Event / data period: 2026-10-01
Published: · Updated:
The African Development Bank Group and Equity Bank Kenya signed a US$60 million transaction-guarantee facility to expand trade-finance access for small and medium-sized enterprises and local companies. The signing ceremony took place in Nairobi on 1 October.
AfDB will provide confirming banks with guarantees of up to 100% against non-payment risk on eligible letters of credit and similar instruments issued by Equity Bank Kenya. By reducing banks’ exposure, the facility is intended to help Kenyan businesses finance eligible imports and participate more effectively in regional and international trade.
Data
Signed guarantee facility
AfDB facility describing risk-sharing for eligible trade-finance instruments issued by a Kenyan bank.
- · Occurred
Signing ceremony held in Nairobi
Signed on 1 October; AfDB guarantees may cover up to 100%.
Methodology
Date, ceremony and guarantee coverage are transcribed from the release; a guarantee facility is not a disbursed loan or completed trade volume.
Updated:
Subjects and places
Subject proposals
- Economy, business and financeSuggested
- Preserved editorial category/topic; broad candidate onlywww.afdb.org ↗
Geographic references
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- Kenya · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredwww.afdb.org ↗