Economy

Trump’s Funding Cut to Kenya Hits Ksh.108 Billion in Two Weeks

This escalation follows a 90-day review of U.S. foreign aid ordered by President Donald Trump on January 20, 2025, to assess its value to American taxpayers.

The U.S. Agency for International Development (USAID) has terminated contracts and grants in Kenya totaling over Ksh.108 billion ($834 million), an uptick from Ksh.32.5 billion just two weeks prior.

This escalation follows a 90-day review of U.S. foreign aid ordered by President Donald Trump on January 20, 2025, to assess its value to American taxpayers.

Major cancellations include a Ksh.67.3 billion trade and investment program with DAI Global and an Ksh.8.4 billion education initiative with RTI International.

These cuts threaten Kenya’s development in critical sectors such as agriculture, healthcare, education, and energy, putting thousands of jobs at risk, particularly in rural areas.

Also Read: USAID releases Ksh.120 million in aid for over 20K households in Makueni

The decision raises concerns about Kenya’s ability to fill the resulting funding gap.

According to Business Daily, experts and officials highlight the potential economic and social fallout as USAID scales back its nearly six-decade-long presence in the country.

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Lawrence Baraza

Lawrence Baraza is a dynamic journalist currently overseeing content at Metropol TV Digital. With a keen focus on business news and analytics, Lawrence guides the platform in delivering insightful, data-driven content that empowers its audience to make informed decisions. Lawrence’s commitment to quality and his ability to anticipate market trends make him a key figure in the digital media landscape. His work continues to shape the way business news is consumed, making a significant impact in the field.

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