Kenya Pays KSh 93 Bn in Road Arrears Ahead of Planned Bond
The Kenyan government has cleared KShs 93 billion in verified road-sector pending bills using part of a KShs 104 billion syndicated bank loan.
Africa Finance Corporation Secures US$100mn Loan from Canada's Development Institution
Africa Finance Corporation (AFC), the continental infrastructure and industrial investments provider, has secured a US$100mn, 10-year term loan from FinDev Canada, Canada’s bilateral Development Finance Institution. The transaction not only [...]
Setback for City Transport Plan as Globe Roundabout Terminal Faces Delay
The government has dropped plans to compulsorily acquire several parcels of land around Nairobi’s Globe Roundabout that had been earmarked for the construction of a public transport terminal. The Globe [...]EAC Courts Private Capital for Kenya-Uganda Expressway
The East African Community (EAC), together with Kenya and Uganda and the African Development Bank (AfDB), will hold a Market Sounding Conference in Kampala on October 20–21, 2025, to court private investors for [...]Lebanese Contractor Seeks to Liquidate Oilfields Ltd in Kenya Pipeline Dispute
Zakhem International Construction Limited, a Lebanese-owned contractor behind Kenya Pipeline Company’s Mombasa–Nairobi multiproduct pipeline, has petitioned the High Court to liquidate its subcontractor Oilfields Engineering and Supplies Limited. The dispute [...]
Ethiopia Inagurates US$ 4.2bn Grand Renaissance Dam
Ethiopia has inaugurated the Grand Ethiopian Renaissance Dam (GERD), Africa’s largest hydroelectric project, marking a watershed moment for Africa's second most populous nation as it seeks energy independence and a [...]CS Wandayi Forms Taskforce to Fast-Track Oil Discoveries Development
The Cabinet Secretary for Energy and Petroleum, Opiyo Wandayi, has appointed a committee known as the First Oil Technical, Commercial and Legal Working Committee. It is further expected to recommend [...]Govt Spent Kshs 1.2Bn to Build Jamhuri Sports Ground, then Demolished Most of It
The State Department for Sports is on the spot after the Auditor General’s 2023/24 report exposed massive waste of public funds, including the demolition of newly built sports facilities and [...]Airtel Africa, Vodacom Strike Infrastructure Sharing Deal to Speed Up 4G and 5G Rollout
Airtel Africa and Vodacom Group have signed a multi-market infrastructure sharing agreement to extend coverage, lower costs, and accelerate high-speed network rollouts in Mozambique, Tanzania, and the Democratic Republic of [...]Treasury Rejects KSh 468bn Nairobi–Mombasa Expressway Proposal
The Public–Private Partnership (PPP) Committee has rejected the proposal to build a 459-kilometer expressway between Nairobi and Mombasa, citing failure to meet the legal and technical requirements of the country’s [...]Treasury Taps Private Sector to Bridge KSh 336Bn Infrastructure Funding Gap
The Kenyan government has announced a major push to leverage public-private partnerships (PPPs) to address the nation's pressing infrastructure deficit. We require an estimated Kshs. 560 billion annually to develop and maintain [...]Disbandment of Road Agencies Looms as New Law Shortens Directors' Terms
Parliament has shortened contracts of the director generals of key road agencies in what is engineered to promote good governance and ensure performance in the state corporations. “The principal object [...]
