Kenyan investment?

Infrastructure investment will follow granting of a loan worth some US$400 million to Kenya.
February 17, 2012 Read time: 1 min
Infrastructure investment will follow granting of a loan worth some US$400 million to Kenya. The country has pledged to boost its road network as well as carrying out other infrastructure development should it receive the $400 million loan from the New York-based 2332 World Bank (WB). Some $1.1 billion in loans have been provided by the WB to Kenya since 2009, with most of the funds being used for road building and other development work.

For more information on companies in this article

Related Content

  • Poland's highway projects benefit from EU funds
    May 15, 2012
    Since 1990 loans worth a total of €10 billion have been granted by the EIB for Polish road projects, with some 20% of the loans going to private companies. During 2010, the EIB will be lending some €2.79 billion for Polish road projects.
    Read More
  • US$201.5 million loan for Ivory Coast road
    October 7, 2024
    A US$201.5 million loan will help pay for an Ivory Coast road project
    Read More
  • East Africa drives towards road tolling
    March 18, 2016
    Road tolling is increasing in East Africa as the region’s countries expand highway networks - Shem Oirere writes. The drive towards road tolling in East Africa is gaining momentum. Uganda appears to have broken ranks with its neighbours to make huge strides in achieving progress with this innovative road financing plan. Road tolling has hitherto has been held back in East Africa for lack of political goodwill and State bureaucracies. Kenyan government officials have made announcements on planned road tollin
    Read More
  • UN Global Road Safety Trust Fund launched
    April 18, 2018
    FIA Foundation has pledged US$10 million to kick start a United Nations Road Safety Trust Fund, launched by Deputy Secretary-General, Amina Mohammed. The new fund is intended to encourage road safety action across the globe, using donations to help unlock government and municipal funding and re-focus national road safety budgets towards proven safe system and interventions. The monies will support projects aimed to strengthen road safety management capacities, improvements to road infrastructure and
    Read More

Highlighted Content