# 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.

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- Publisher: Newsverum
- Section: Finance
- Country: Kenya
- Published: 2026-10-21T00:43:59+00:00
- Updated: 2026-10-21T00:43:59+00:00
- Event / data period: 2026-10-01
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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.

Methodology: Date, ceremony and guarantee coverage are transcribed from the release; a guarantee facility is not a disbursed loan or completed trade volume.

| date | label | description | status |
|---|---|---|---|
| 2026-10-01 | Signing ceremony held in Nairobi | Signed on 1 October; AfDB guarantees may cover up to 100%. | occurred |

Sources: <https://www.afdb.org/en/news-and-events/press-releases/african-development-bank-equity-bank-kenya-sign-60-97556> · Download data: [JSON](https://newsverum.com/api/v1/articles/afdb-equity-bank-kenya-sign-60m-trade-finance-guarantee/data/source-event?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/afdb-equity-bank-kenya-sign-60m-trade-finance-guarantee/data/source-event?lang=en&format=csv)

## Sources

- [African Development Bank Group](<https://www.afdb.org/en/news-and-events/press-releases/african-development-bank-equity-bank-kenya-sign-60-97556>) (Source checked: 2026-10-21; Published: 2026-10-15)

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