CBN tightens watch on banks over terrorism financing

Central Bank of Nigeria (CBN) yesterday rolled out a stronger supervisory framework that seeks to deter the use of Nigerian banks and financial institutions for terrorism financing and other abuses.

In a statement, the apex bank’s Acting Director, Corporate Communications/Investor Relations Department, Hakama Sidi-Ali, said the CBN has made terrorism financing supervision one of its current priorities.

According to her, the focus is part of the bank’s ongoing commitment to protecting the Nigerian financial system from abuse by illicit actors.

She explained that this new push covers four broad areas including how financial institutions manage terrorism financing risk, how they monitor transactions for signs of terrorism financing, how they carry out targeted financial sanctions, and how they report suspicious transactions linked to terrorism.

She said the apex bank would not be sitting back and waiting for problems to surface on their own, rather it plans to use a risk-based approach, which means banks and institutions seen as more exposed to this kind of risk will attract closer attention.

Sidi-Ali said: ‘This supervisory focus also supports Nigeria’s ongoing domestic and international cooperation on counter-terrorism financing, counter-proliferation financing, financial integrity, and the protection of the financial system. Further supervisory engagement will be undertaken as appropriate.’

According to her, the bank will continue to apply a risk-based supervisory approach, including on-site and off-site engagement, to support effective Anti-Money Laundering, Combating the Financing of Terrorism, and Countering Proliferation Financing (AML/CFT/CPF) controls across the financial sector in line with existing legal and regulatory obligations.

She added that further supervisory engagement will be undertaken as appropriate, suggesting that more steps could follow depending on what its checks turn up.

In line with the provisions of the Terrorism Prevention and Prohibition Act (TPPA), 2022, Nigeria Sanctions Committee (NSC) recently designated six individuals and three entities as terrorist financiers and subsequently added them to the Nigeria Sanctions List.

The sanctioned individuals included Babangida Muhammed Adamu Hammajam, who was listed for involvement in terrorism financing and support to Islamic State West Africa Province (ISWAP); Abdullahi Umar Usman, listed for providing material support to a designated terrorist organisation through repeated financial transactions and Ibrahim Abubakar, listed for involvement in terrorism financing and membership of the ISWAP.

Others were: Adamu Chiroma (listed for involvement in terrorism financing using Bureau De Change (BDC) and related corporate entities to facilitate the movement of funds linked to terrorist activities); Muktar Muhammad Adamu (listed for providing financial support and facilitating transactions linked to the financing network of the Islamic State West Africa Province (ISWAP) Okene cell) and Yakubu Ogirima Ibrahim, who was listed for providing material and financial support to ISWAP, Kogi cell.

The sanctioned entities were: Nine to Nine BDC Ltd, with (RC No: 1462752, which was listed for involvement in facilitating the movement of funds connected to the ISWAP, Okene financing network; Generation Currency BDC ltd, with RC No: 1555604, which was listed for involvement in facilitating the movement of funds connected to the ISWAP, Okene financing network and Abbal Bako and Sons Bureau De Change (BDC), with BN: 2323328, which was listed for involvement in facilitating and channelling funds linked to the ISWAP, Okene financing network.

A national circular directed all operators to immediately, identify and freeze, without prior notice, all funds, assets, and any other economic resources in their possession, belonging to the designated individuals and entities and report same to the Secretariat of the Nigeria Sanctions Committee.

JAMAICA-TOURISM-Bartlett named co-chair of World Economic Forum Day 2026

Jamaica’s Tourism Minister, Edmund Bartlett, has been appointed co-chair of World Economic Forum Tourism Day 2026 that will be held in Geneva on September 26.

‘I am deeply honored to serve as co-chair of World Economic Forum Tourism Day. Tourism is no longer just a leisure sector, it is economic infrastructure, cultural infrastructure, and resilience infrastructure for nations everywhere.

‘At a time of climate shocks, geopolitical uncertainty and rapid technological change, our industry must move from simply managing crises to building systems that prevent them and help communities thrive in their aftermath,’ said Bartlett.

World Economic Forum Tourism Day brings together heads of state, chief executive officers and the world’s foremost tourism leaders to set the international agenda for travel and hospitality.

The Jamaica Tourist Board (JTB) said that Bartlett’s appointment to co-chair the 2026 edition affirms Jamaica’s standing not merely as a destination, but as an architect of the ideas now guiding the sector worldwide.

‘The appointment builds on nearly a decade of thought leadership from the Global Tourism Resilience and Crisis Management Centre (GTRCMC), which Bartlett established as the world’s first center dedicated to tourism resilience, training, research and crisis response,’ the JTB said.

The Jamaica-based GTRCMC works across more than 30 countries and institutions, it has become a global reference point for building capacity and reducing vulnerability in tourism-dependent economies-from small island states to major world markets.

‘Jamaica and the GTRCMC stand ready to work with the World Economic Forum and partners across the globe to advance resilient, inclusive and innovative tourism for people and planet,’ added Bartlett.

US flags SL about Iranian vessels

The US Embassy in Colombo has informed Sri Lanka’s Foreign Ministry of the presence of several Iranian vessels in international waters and inquired whether authorities were aware of them and monitoring their movements, Foreign Affairs Minister Vijitha Herath said.

Speaking at the Cabinet decisions media briefing yesterday, Herath said the Defence and Ports Ministries were subsequently notified, while the Sri Lanka Navy is monitoring the vessels. ‘They are not in our waters,’ he said.

According to Herath, a total of 47 vessels have been identified in international waters more than 24 nautical miles from Sri Lanka’s territorial waters amid ongoing military tensions between the United States and Iran. He said the vessels included several Iranian-flagged ships as well as other commercial and cargo vessels, none of which had entered Sri Lanka’s territorial waters.

The Minister said none of the vessels had requested facilities or assistance from the Sri Lankan Government, and none had been provided. He noted it was common for commercial and cargo vessels to remain in international waters off countries such as Sri Lanka, Thailand, Malaysia and Indonesia while awaiting further operations.

Herath reiterated that, apart from monitoring the vessels, the Government had not intervened or taken any action concerning them.

Kofi Job Funds Surgeries For 3 Patients

Road contractor and philanthropist, Kofi Gyebi Job, and his wife, Dr. Esther Okyere Gyebi, have funded surgeries and medical treatment for three needy patients at a cost of nearly GHS50,000.

The gesture, made through the Kofi Job Foundation, enabled the three beneficiaries to undergo emergency surgeries and other critical medical treatments at the Prima Health Center at Atasamanso in the Kumasi Metropolis.

The beneficiaries included patients suffering from inguinal hernia, diabetes and cancer, whose conditions required urgent medical attention.

The timely intervention helped prevent their conditions from deteriorating further and potentially becoming life-threatening.

Public Relations Officer (PRO) of the Kofi Job Foundation, Kwame Agyenim Boateng, said one of the beneficiaries, Mama Vida, had been suffering from a severe inguinal hernia condition.

According to her, the high cost of treatment had forced her to stop seeking medical attention until she approached Mr. Kofi Gyebi Job and his wife for assistance.

She said the Kofi Job Foundation responded to her plea by securing the services of a surgeon who conducted the necessary examinations before performing the surgery at the Prima Health Center.

Mama Vida described the support as timely, saying the successful surgery had brought her significant relief.

She expressed her gratitude to Mr. Kofi Gyebi Job, Dr. Esther Okyere Gyebi and the Kofi Job Foundation for coming to her aid.

The other two beneficiaries, including a diabetic patient and a cancer patient, also received critical medical treatment and underwent surgeries funded by the foundation.

Orthopaedic surgeon, Dr. Kizito, who spoke about the three cases, said all the patients required urgent medical attention.

He particularly described the condition of the inguinal hernia patient as critical, warning that she could have lost her life had she delayed treatment any further.

Dr. Kizito commended the Kofi Job Foundation for its timely intervention, noting that the financial support had enabled the patients to access the urgent medical care they needed.

The foundation’s gesture forms part of its philanthropic activities aimed at supporting vulnerable individuals and helping needy people access critical healthcare.

Que grabs four-stroke lead after carding solid 66

ANGELO QUE came out smoking from a spirited and chaotic battle in the second round on Wednesday to break away from a tightly-bunched field with a solid 66 for a four-stroke lead halfway through the ICTSI Summit Point Championship in Lipa City.

At 47, the reigning Philippine Golf Tour (PGT) Order of Merit champion Que emerged from the crowded leaderboard by birdieing the first three holes at the turn, seizing solo control before leaning on a string of gutsy pars to protect his advantage.

The result was a second straight six-under card and a 12-under 132 total, putting him in prime position to chase a second PGT victory of the season after outdueling Tony Lascuña in a thrilling finish at Caliraya Springs.

‘Winning is a motivation for me, especially at this age,’ Que said. ‘If you can keep winning, then that’s a good sign.’

The P2.5-million championship has produced a scoring bonanza with the stellar field taking full advantage of favorable scoring conditions under winter rules.

But Que faced a strong group of challengers led by Carl Corpus and cousin Aidric Chan, veteran Reymon Jaraula and first-round leader Justin Quiban.

Corpus, 25, emerged as Que’s closest pursuer after matching Que’s 66 in spectacular fashion.

Seeking a second PGT title following his breakthrough at Valley Golf last year, Corpus also used a blazing frontside finish to surge into solo second at 136.

He came alive after a birdie-bogey start on the backside, birdieing the first two holes before gunning down an eagle on the par-five No. 3 and adding birdies on the next two.

After a par, Corpus birdied the seventh for a sizzling 29 and a 66 and Chan stayed within striking distance at 137 after a 69.

Jaraula also made a significant move, firing seven birdies against two bogeys for a 67 to join Chan and Quiban at 137 with Quiban settling for a 72 to remain tied for third at seven-under overall.

Yemen becomes latest test of Iran’s regional power

At a time when the confrontation between the United States and Iran continues without any sign of easing, it is still too early to say that Washington has achieved all of its objectives. The war is ongoing, and Tehran retains the ability to resist. However, when the conflict is viewed from the perspective of Iran’s regional power, a different picture emerges. As US military pressure increases, the system of influence Iran has built across the Middle East is gradually weakening, with its various components disappearing one by one.

The confrontation between the United States and Iran did not begin today. Its foundations were laid after the 1979 Islamic Revolution. Following the overthrow of the Shah’s regime, Tehran became one of Washington’s main regional rivals. Over the following decades, Iran expanded its political and military influence beyond its borders. Its ties with various political and armed groups in Lebanon, Syria, Iraq, Yemen and the Palestinian territories became one of the main instruments of Iranian regional policy.

The advantages this model provided Tehran were clear. Iran was able to create additional threats for the United States and its allies beyond its own territory. Instead of confronting Iran in a direct war, its opponents also had to deal with the problems created by Tehran’s proxies across the region.

However, the weaknesses of this strategy had long been debated. Iran’s economic capabilities are extremely limited compared with those of the United States. The US has one of the world’s largest economies, while Iran has far fewer economic resources because of sanctions and structural problems. The technological gap is also substantial. US capabilities in air defense, intelligence, satellite systems, aviation, precision strikes and electronic warfare significantly exceed those of Iran.

Against this backdrop, many experts argued that Iran would be better served by concentrating its resources on its own defense rather than spreading them across the region. Tehran and its supporters, however, took a different view. Their main argument was that the outcome of a war is not determined solely by economic power and technology. Willpower, long-term resistance and the ability to inflict sustained losses on the opposing side also play an important role. Based on this approach, Iran provided political, financial and military support to its regional allies, creating multiple channels of pressure against the United States.

In recent years, however, the confrontation gradually evolved into an open war. With Donald Trump’s return to power, the US-Iran confrontation reached one of its most intense phases. Washington began carrying out direct strikes against Iran’s military and economic capabilities, while Tehran responded with retaliatory attacks.

The transition to open warfare exposed a fundamental weakness in Iran’s regional strategy. The network of influence Iran had built over decades appeared powerful, but its individual components were unable to maintain their previous positions under intense military pressure.

First, Hezbollah came under heavy pressure in Lebanon. The killing of Hassan Nasrallah, who had led the group for many years, had a major impact on its structure and influence. Hezbollah also lost some of its previous weight in Lebanon’s domestic political balance.

Then came Syria. The fall of Bashar al-Assad’s government removed one of Iran’s most important regional pillars. For years, Syria had served as a key logistical and political link for Tehran toward Lebanon. Assad’s departure from the country significantly reduced Iran’s ability to maintain influence along that route.

Now attention has turned to Yemen.

Yemeni government forces, backed by Saudi Arabia, have launched a new offensive against the Houthis. Fighting has intensified in the provinces of Al Jawf, Taiz and Al Bayda. On September 8, the Yemeni army announced that it had recaptured the Al-Yatmah area in Al Jawf province from the Houthis. The area is located near the Saudi border and has strategic importance.

The Houthis remain a powerful force, and it is difficult to predict that they will be defeated in the near future. In fact, attacks carried out against cities and energy facilities in southern Saudi Arabia on September 8 showed that the group still retains significant strike capabilities. More than 70 people were reportedly wounded in the attacks.

However, the significance of the latest developments in Yemen extends far beyond the country itself for Iran. The Houthis are among Iran’s main remaining regional partners. If Yemeni government forces achieve their objectives and retake territory currently controlled by the Houthis, Tehran could lose an important source of influence along the Red Sea and Bab el-Mandeb.

As a result, Iran’s regional map of influence is undergoing a series of changes. Hezbollah has been weakened in Lebanon, Iran’s main ally in Syria has been removed from power, and Hamas has suffered heavy losses in Gaza. Now Iran’s position is also being tested on the Yemeni front.

This process could have serious political consequences inside Iran as well. Tehran has spent years presenting the network of proxy forces it built across the region as one of the main instruments of its power. The weakening of these forces and their loss of territory and influence damages the image of strength cultivated by the Iranian leadership. Tehran no longer appears as capable as before of maintaining its influence beyond its own borders. As the war continues, the economic and military costs also rise. Iran has to devote substantial financial resources to military operations, weapons and the maintenance of allied forces. This creates additional pressure on the government at a time when the country is already facing economic difficulties.

For this reason, the developments on the Yemeni front should be seen as part of a much broader process. The Houthis currently occupy an important position in Iran’s regional strategy. If Yemeni government forces succeed in retaking territory under Houthi control, Tehran will lose another important regional pillar. This would weaken Iran’s influence along the Red Sea and Bab el-Mandeb and increase Washington’s strategic pressure on Tehran.

This could become one of the war’s most serious consequences for Iran. Even if the United States does not defeat Iran directly, it can gradually dismantle the regional defensive network Tehran has built around itself. As Iran’s regional influence declines, so too will the tools available to Tehran for resisting US pressure. Yemen could become the next link in that chain.

Bond yields move up on selected durations; activity remains muted

The secondary Bond market yesterday saw yields extend the upward momentum for a second straight session. The upward pressure was most pronounced across selected tenors, particularly within the 2032-2033 segment, where yields moved higher. Trading activity and transaction volumes remained at moderate levels.

The 15.03.28 and 15.12.28 maturities traded higher at the rates of 10.05% and 10.20% respectively. The 2030 tenors bucked the trend and held steady with the 15.05.30, 01.08.30 and 15.10.30 trading at the rates of 10.65%, 10.75% and 10.80%-10.85% respectively. The 01.02.31 traded at 10.85% and the 01.12.31 traded within the range of 11.05%-11.10%. The 01.10.32 and 15.12.32 traded at the rates of 11.20% and 11.25% respectively. The 01.06.33 and 01.11.33 traded higher at the rates of 11.60% and 11.65%-11.75% respectively. The 15.10.34 traded at the rate of 11.80%.

The Treasury Bill auction scheduled for today, will have a total of Rs. 80 billion on offer, which is well below the estimated maturing amount of Rs. 103.77 billion. This will comprise of Rs. 35 billion on the 91-day maturity, Rs. 25 billion on the 182-day maturity and Rs. 20 billion on the 364-day maturity.

To recap, at last Wednesday’s weekly Treasury Bill auction, weighted average yields extended their decline for an eighth consecutive week, as robust demand continued to drive yields lower across all three tenors.

The sharpest decline was recorded on the 182-day Bill, which fell 17 basis points to 9.27%, while the 91-day yield declined by 10 basis points to 8.96%. Meanwhile, the 364-day yield eased by 8 basis points to 9.81%.

The Public Debt Management Office (PDMO) successfully raised the full Rs. 80 billion offered, with each tenor meeting its respective targeted allocation. Demand remained strong, with total bids received amounting to 2.54 times the offer.

Demand extended into the second phase with the entire Rs. 8 billion being the maximum offered raised against a total market subscription of Rs. 23.83 billion. Accordingly, the aggregate accepted amount stood at Rs. 88 billion.

Meanwhile, the details of the next upcoming Treasury Bond auctions due to be held on Friday, 11 September were announced. The round of auctions will have a total offered amount of Rs. 150 billion across three available maturities.

The auction will be comprised of: Rs. 70 billion from a 1 August 2030 Maturity bearing a coupon rate of 10%; Rs. 50 billion from a 15 October 2034 Maturity bearing a coupon rate of 11.70%; Rs. 30 billion from a 1 July 2037 maturity bearing a coupon rate of 10.75%. The settlement for which will be held on 15 September 2026.

In the money market, the net liquidity surplus stood at Rs. 119.80 billion yesterday. Of this, Rs. 65.17 billion was deposited with the Central Bank through the Standing Deposit Facility (SDF) at 8.25%, while Rs. 0.36 billion was withdrawn through the Standing Lending Facility (SLF) at 9.25%.

Meanwhile, the Domestic Operations Department (DOD) of the Central Bank absorbed further liquidity through a series of repo auctions, mopping up Rs. 40 billion overnight at a weighted average rate of 8.74% and Rs. 15 billion through a 7-day term repo at 8.75%.

The weighted average rates on overnight call money and repos were 8.87% and 8.95% respectively.

Forex market

The USD/LKR rate on spot contracts was seen closing depreciating marginally to close the day at Rs. 328.70/329.00, as against its previous day’s close of Rs. 328.25/328.35. The total USD/LKR traded volume on 7 September was $ 118.25 million.

Govt to boost MSME support, worker skills as unemployment hits 6 percent

The government will ramp up support for micro, small, and medium enterprises (MSMEs) and enhance worker employability to curb the soaring unemployment rate, which hit 6 percent last July amid a surge of new workforce entrants and the ongoing Middle East crisis, according to Malacañang.

Citing the Department of Economy, Planning, and Development (DEPDev), Palace Press Officer Claire Castro attributed the spike to inability of the labor force to absorb the large number of available workers.

Last July, she said the country’s labor force expanded to 52.36 million while total employment only grew to 49.21 million.

The Presidential Communications Office undersecretary said the number of overseas Filipino workers (OFW), who were displaced in the Middle East conflict, also contributed to the unemployment, which reached 3.14 million last month.

To address the issue, Castro said the Marcos administration will improve ease of doing business and give more tax breaks to the private sector so the country can generate more jobs.

‘Because when investors can secure requirements more quickly, it is easier for them to enter the market and hire our fellow Filipinos for their businesses,’ Castro said in Filipino in a press briefing last Wednesday.

Tax breaks, she said, can also allow companies to expand their businesses so they employ more people.

Castro said the government also continues to reform the National Education and Workforce Development Plan for 2026 to 2035 based on the Association of Southeast Asian Nations (ASEAN) Mutual Recognition Arrangements for Qualification and Skills Certification to strengthen the capacity of workers.

She said the effects of the changes in education can already be seen in the outcome of the country’s 2025 Programme For International Student Assessment (PISA) results.

Based on results of the 2025 PISA organized by the Organization for Economic Cooperation and Development (OECD), the country scored 373 in science, 371 in mathematics, and 367 in reading.

‘Because of this, the Philippines surpassed 14 countries in Science, 16 in Mathematics, and 18 in Reading,’ Castro said.

‘A 10-year trend analysis by the Organization for Economic Cooperation and Development also showed that the Philippines is the fastest-improving country in terms of reading performance, with significant improvement in mathematics and continued progress in science,’ she added.

The government also continues its jobs facilitation initiatives, by holding nationwide monthly job fairs and improving the services of the Public Employment Service Offices (PESO).

‘Right now, we see the government’s efforts to alleviate the unemployment issue,’ Castro said.

DEPDev projected the country’s unemployment rate this year will be between 5.3 percent and 5.8 percent due to the existing economic headwinds.

Inside the venture betting millions on Kenya’s potatoes

When Kimani Rugendo talks about potatoes, he doesn’t begin with the tuber itself but the business behind it.

This explains why his company, which built its name on juice cartons, is now reshaping how Kenya grows one of its most important staples.

Kevian Kenya Limited, the beverage manufacturer many Kenyans know from supermarket shelves, has spent the last decade evolving into a diversified agribusiness that develops potato seed, trains thousands of farmers, and processes produce at scale.

The company is 35 years old and employs more than 1,400 people across the value chain.

About a decade ago, the company realised that the raw materials feeding its beverage lines-mangoes, tomatoes, carrots, pineapples, oranges-were themselves agricultural products with untapped potential. That realisation pulled Kevian beyond drinks into snacking, dried fruits and potato-based products. Today its fruit processing capacity sits at roughly 200 tonnes a day, much of it supplied by farmers because Kevian cannot grow enough on its own land.

Potatoes, though, exposed a problem the fruit business hadn’t fully prepared them for: price volatility. When production peaks, prices collapse. When supply tightens, prices spike. For a processor trying to plan production runs and secure consistent volumes, that swing is a nightmare.

“We were aware that the mother of them all is quality seed,” Kimani says, pointing to the same lesson Kevian had already learned with fruit trees. Certified potato seed is scarce in Kenya, and its absence is one of the biggest reasons the industry underperforms. Potatoes are the country’s second most consumed agricultural product after maize, yet most farmers were recycling their own seed year after year, with little knowledge of crop rotation or modern practices to compensate.

The results showed up in the yields. Average production hovered around 10 tonnes per hectare. Progressive farmers using better seed and methods can now hit 40 to 50 tonnes, and in some cases 60. “We found that access to quality seeds and access to modern farming methods were not in place. We decided to be pioneers in it,” Kimani says.

At its facility in Gatanga, Murang’a County, the company propagates planting material through tissue culture, essentially cloning clean plant tissue under lab conditions before moving it through mini-tubers, micro-tubers and greenhouse systems that include hydroponics and aeroponics.

Agronomist Nathan Kyenze explains that tissue culture lets Kevian multiply enormous volumes of planting material from a single tuber. On a normal day, the lab produces around 25,000 in-vitro plantlets. When demand spikes, that figure can rise to 75,000 rooted plantlets before the next stage of multiplication in the screen house.

Plant tissue culture being carried out in a laboratory at Kevian Kenya Limited in Thika, Kiambu County on September 4, 2026.

Evans Habil | Nation Media Group

From there, seedlings move to the greenhouse, the bridge between laboratory and commercial field. David Kimuhu Muchiri, Kevian’s potato seed manager, says the nursery currently propagates about 10,000 seedlings a week, or roughly 40,000 a month, enough to plant about two acres at nursery stage. Material from those two acres can eventually supply planting stock for about 20 acres four months later. A seedling is ready to leave the nursery once it reaches about 15 centimetres, with a strong stem, healthy leaves and a developed root system. After roughly three weeks of nitrogen, phosphorus and potassium feeding, it heads to the field, where yields currently run between eight and 10 tonnes per acre every four months, depending on variety and growing conditions.

Kevian’s own farms, slightly more than 500 acres in the Meru region including its Timau operations, are never planted in full at once. The company works in blocks of about 20 acres, scaling up to around 100 acres at a time while resting the rest or rotating in other crops. It is a deliberate choice to protect soil health and keep disease pressure under control.

Kevian has invested roughly Sh300 million into potato seed production and the infrastructure around it: laboratories, training facilities, field trials across multiple locations. The investment has produced its own potato variety, RAM, approved by the Kenya Plant Health Inspectorate Service and now moving through commercialisation more than five years after approval.

Seed alone does not fix a broken value chain, so Kevian pairs it with extension work. The company partners with more than 3,500 farmer groups, sending agronomists to growers producing potatoes alongside mangoes, carrots, tomatoes and pineapples. It also runs a training facility in Kitengela under the TVET system, teaching both production methods and business skills. The model relies on training a smaller group of “trainers of trainers”, who then return to their communities to pass on the knowledge, supplemented by outside specialists from seed companies, fertiliser firms and equipment manufacturers.

Tissue culture banana seedlings at Kevian Kenya Limited in Thika, Kiambu County on September 4, 2026.

Evans Habil | Nation Media Group

Kyenze insists the core problem hasn’t been resolved. Most farmers still recycle their seed instead of using certified stock, and he urges growers to pair clean planting material with soil testing, correct fertiliser use, crop protection and strict adherence to pre-harvest intervals. ‘Testing soil pH and electrical conductivity tells farmers what their land actually needs before a single seed goes in the ground,’ he notes.

Kenya produces between 2 million and 3 million tonnes of potatoes annually, worth more than Sh50 billion at the farm gate, with an estimated 3.5 million people depending on the crop for their livelihoods. Around 3.5 million acres are under potato cultivation, though much of that land is nowhere near its productive ceiling.

The irony, as Kimani sees it, is that Kenya grows enough potatoes to build a real industry around them, yet still imports processed potato products from Egypt, Europe and North Africa because local processors can’t secure consistent supply of the right varieties in the right volumes. He points to fast-food chains like KFC as an obvious opportunity to replace imports with local product, if farmers boost productivity and processors build supply chains they can rely on.

“We have been living on maize for too long. It’s time we embrace another crop,” he says, listing potential uses in starch, snacks, frozen products and animal feed.

Kevian is already chasing some of that value itself, exploring dehydrated fruits, snacks and frozen potato products alongside its beverage business, while keeping its scientific facility focused purely on seed development.

For Kimani, none of it works unless every link in the chain makes money. “If it is not profitable, you will not actually invest in the farmer,” he says. His bigger lesson from years in agribusiness is that consistency beats speed. Building a reliable seed system that could deliver first-, second- and third-generation stock took Kevian more than seven years.

Shangi variety of potato seedlings at Kevian Kenya Limited in Thika, Kiambu County on September 4, 2026.

Evans Habil | Nation Media Group

Mechanisation remains the sector’s weak spot, with Kimani estimating it at below 35 per cent nationally, and he argues that Kenya needs simple tools, even basic hand-driven tillers, to make farming attractive to young people and women rather than a grind that eats the whole day for a fraction of the output. Storage is the other missing piece. Without it, farmers dump their harvest fast to avoid losses, flooding the market and crashing prices, unlike cereal growers who can hold stock longer.

In October this year, Kenya is set to host the 13th World Potato Congress in Naivasha, the first time the event has come to sub-Saharan Africa. More than 1,000 delegates from over 60 countries are expected, alongside local farmers, researchers, processors and investors, to discuss everything from seed systems to mechanisation and private investment under the theme “Global Potato Partnership for Enhanced Food Systems, Nutrition Security and Trade”.

For Kimani, who chairs the National Potato Council of Kenya, it’s a chance to put Kenyan producers in front of the world and pull in the technology, partnerships and markets the industry still lacks.

Museveni unveils three-phase food plan for Karamoja

President Yoweri Museveni has unveiled a three-phase food stabilisation strategy for Karamoja to reduce the region’s recurring dependence on emergency food relief amid prolonged drought and changing weather patterns.

The strategy will focus on providing households with climate-resilient seed varieties and livestock in the short-term, before transitioning them to irrigation-supported and commercial agriculture in the medium and long term.

Museveni announced the plan on Wednesday while officiating at the 11th Karamoja Cultural Event at Naitakwae Grounds in Moroto District, under the theme: “Unity in Culture, Strength in Peace, Prosperity through Tourism and Natural Resources.”

The President said the strategy was prompted by repeated effects of drought and climate change, which have forced government to repeatedly intervene with relief.

He said government is currently distributing food relief worth about Shs45 billion to drought-affected areas.

“The immediate phase would focus on crops capable of producing food within a relatively short period,” he said, citing sorghum, green gram and white peas as crops that can mature within the region’s short and unpredictable seasons.

He cautioned residents against excessive dependence on maize, which he said takes relatively longer to mature and is less suited to Karamoja’s dry conditions.

The President also encouraged households to take up goat rearing and beekeeping as alternative sources of food and income, saying goats can survive on the shrubs and vegetation available in the region. Cassava and bananas, he added, could be grown in wetter parts.

Irrigation push

Museveni said the medium and long-term phases would seek to move households from subsistence to modern commercial agriculture, with irrigation at the centre.

He called for large-scale water infrastructure, including dams.

“Therefore, Karamoja is a fertile area, but it’s because of water body encroachment. Therefore, we are going to put up big projects to support irrigation in Karamoja, like big dams,” he said.

He warned against wetland encroachment, saying wetlands should be protected as part of the country’s water systems rather than converted into farmland.

The President tasked Karamoja Affairs Minister John Baptist Lokii to explain the Cabinet decision and how the three-phase strategy will be implemented.

Lokii welcomed the strategy, saying it would complement wealth-creation programmes such as the Parish Development Model and Emyooga.

However, he appealed to the President to delay recovery of PDM funds from beneficiaries in Karamoja because of prolonged drought.

“Let us allow Karamojongs to recover properly from this strong drought,” Lokii said.

Peace and development

Museveni also linked the region’s prospects for economic transformation to improved security following the disarmament programme. He said government had recovered about 41,000 illegal guns from Karamoja.

He credited women for their role in the initial disarmament exercise and commended individuals who helped expose cattle raiding networks. He also praised efforts to support former Karacunas to abandon violence.

Vice President Jessica Alupo thanked the people of Karamoja for supporting the NRM in the recently concluded elections, saying restoration of peace had opened opportunities for development.

NRM Secretary General Richard Todwong congratulated the people of Karamoja for supporting the NRM and urged them to use cultural heritage as an asset in addressing household poverty.

The President urged the Karamojong to conduct what he termed a “cultural audit” to identify practices that should be retained and those that undermine development.

“I think you should do a cultural audit. There are some things in your culture which are good and others which are not good. Keep the good ones and abandon the bad ones,” he said.

The week-long event has attracted an estimated 15,000 participants from the wider Ateker cluster, including the Karamojong, Iteso, Ethur, Ik and Tepeth communities, as well as the Turkana and Pokot from Kenya, the Toposa from South Sudan and the Nyangatom from Ethiopia.