Kenya is expected to bid the hosting of the Eastern and Southern Africa Anti-Money Laundering Group Regional Training Academy, strengthening regional capacity to combat money laundering, terrorism financing, and proliferation financing.
This is after the Cabinet authorized the Country’s hosting of the International Nuclear Conference for this year which will be Mombasa from 24–26 March 2026.
“Cabinet also authorized Kenya’s hosting of the International Nuclear Conference 2026 in Mombasa from 24–26 March 2026, and approved submission of a formal bid to host the Eastern and Southern Africa Anti-Money Laundering Group Regional Training Academy,” the Cabinet has announced.
This comes a few months after President William Ruto Signed the Anti-Money Laundering (AML) Amendment into an Act last year days after the European Commission formally added Kenya to its list of high-risk third countries for Anti-Money Laundering, Combating the Financing of Terrorism, and Countering Proliferation Financing (AML/CFT/CPF) deficiencies.
Alongside Kenya, the Commission added nine other jurisdictions, while removing eight, including the UAE, Uganda and Panama, citing progress on structural AML reforms.
Kenya’s continued listing under FATF’s grey list and inclusion in EU’s list of high-risk jurisdictions has prompted accelerated reforms.
The Amendment Act introduced substantial changes across ten key statutes including Proceeds of Crime and Anti money Laundering Act (POCAMLA), Prevention of Terrorism Act (POTA), and sector-specific laws.
