Africa's Sovereign Development Trust (ASDT), via The Ndege Group Nominees Limited (Ref: PR2032026), provides formal notice of termination with cause for all advisory, development finance, and syndication duties on Project Kinga Kansa. This county level cancer screening initiative is valued at EUR 900 million across Kenya's 47 counties.
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Binding Instruments and Non Performance: The action stems from material breaches by Steplabs Technical Services Limited under a bilateral MOU and Non Disclosure/Non Circumvention Agreement (executed 19 November 2025) and a tripartite MOU with Council of Governors (CoG), countersigned by CEO Ms Mary Mwiti EBS (15 December 2025).

Agreed milestones included a feasibility study by November 2025, DFI presentations by December 2025, and Letters of Interest by February 2026. The study remained at 55 to 60 per cent completeness, lacking financial modelling, risk analysis, stakeholder consultations, and facility assessments.
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Audit Findings: OmniGaza’s forensic review identified key issues. Steplabs claimed EUR 225M equity (25 per cent of project). Evidence showed approximately KES 10M per month (EUR 7.24M over 9 years). Bankable documents for DFI syndication were absent.
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ASDT's DFI Readiness Directive: In March 2026, ASDT supplied a 37 page Directive at no cost. It outlined over 50 deliverables, timelines, budgets (USD 197K to 251K external spend), and consultant specifications to bridge gaps. This reflected ASDT's institutional advisory capacity.
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IFC Threshold: Cancer grants require IFC compliance from outset. Kinga Kansa did not meet this standard. ASDT's 2025 to 2035 portfolio focuses on mandates in Burundi, DRC, and Nigeria (infrastructure/mining), supported by over 63 global partners (DFIs, SWFs, family offices).
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Council of Governors: ASDT acknowledges CoG's rigour, hospitality, and diligence as devolved health stewards. Their vision for equitable care across counties remains intact. ASDT stands ready to support qualified re engagement.
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David Okiki Amayo Jr, Founder and Chairman: "Precision honours the CoG's conduct, our partners' trust, and Kenya's communities. ASDT sets standards. The Directive showcased our depth. Africa's wealth demands equal architectures. We will build with partners who carry them." (LinkedIn: www.linkedin.com/in/davidokikiamayojr)

Institutional Context: Anchored in African Federation Treaty Framework (AFTF), a global blueprint for economic/defence integration, and advancing Central Bank of Africa (mineral backed monetary sovereignty), ASDT's OmniGaza blockchain clears portfolio wide settlements. Active in 10 plus nations. Pipeline exceeds this project scale.
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Forward Position: Termination is final (Ref: TRMPKK03026). Kinga Kansa aligns with ASDT's social infrastructure mandate. Re engagement is possible with capacity matched sponsor. Networks notified for transparency.

Full statement: https://www.thendegegroup.com/newsroom/press-release/project-kinga-kansa-termination
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About ASDT
Nairobi based Purpose Trust for sovereign wealth realisation via infrastructure, resources, fintech. 2025 to 2035 mandate. Fourth foundational year.