President William Ruto met with African Development Bank Group President Dr. Sidi Ould Tah during the Africa Forward Summit to discuss development initiatives and strengthen bilateral cooperation between Kenya and the continental financial institution.
African leaders warn that Middle East conflict-driven global volatility has weakened 29 currencies and raised oil prices 50 percent, threatening food security and economic stability across the continent requiring urgent resilience-building measures.
President William Ruto and Emmanuel Macron co-host Kenya's Africa Forward Summit in Nairobi, drawing over 4,000 delegates including 30 heads of state, marking France's strategic pivot toward stronger African partnerships on innovation, climate, and security amid improving bilateral ties.
Africa's economy grew 4.2 percent in 2025, surpassing the global average of 3.1 percent for a second consecutive year, but the African Development Bank warns that rising debt, geopolitical tensions, and Middle East conflict threaten these fragile economic gains.
Egyptian President Al-Sisi reaffirmed full support for the African Development Bank, emphasizing its vital role in financing continental infrastructure and development projects while discussing enhanced strategic cooperation and Egypt's readiness to contribute expertise to regional initiatives.