Kenyan roads funded

The World Bank is offering the Kenyan Government a loan worth nearly US$300 million to fund road projects. The lion’s share of the money will be used to construct a double decker road link in Kenyan capital Nairobi. The 30-year repayment loan will also feature a grace period of 10 years. The Kenyan Government will contribute a small sum to the project and will also be in charge of the tender process.
November 28, 2012 Read time: 1 min
The 2332 World Bank is offering the Kenyan Government a loan worth nearly US$300 million to fund road projects. The lion’s share of the money will be used to construct a double decker road link in Kenyan capital Nairobi. The 30-year repayment loan will also feature a grace period of 10 years. The Kenyan Government will contribute a small sum to the project and will also be in charge of the tender process.

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