Kenya road project funding withdrawn

A loan from the World Bank worth US212 million to the Kenyan Government for road works has been cancelled. The loan was to have been used to build new road connections in capital Nairobi, including a link with Jomo Kenyatta International Airport. Another road to have been funded by the finance package from the World Bank was the A104, connecting James Gichuru with Rironi, located the north west of the Kenyan capital. However, the upgrade work for this 16km stretch of dual carriageway has become shrouded i
August 22, 2019 Read time: 1 min
A loan from the World Bank worth US212 million to the Kenyan Government for road works has been cancelled. The loan was to have been used to build new road connections in capital Nairobi, including a link with Jomo Kenyatta International Airport.


Another road to have been funded by the finance package from the World Bank was the A104, connecting James Gichuru with Rironi, located the north west of the Kenyan capital. However, the upgrade work for this 16km stretch of dual carriageway has become shrouded in controversy due to concern that the claims for compensation payments have been over-inflated.

Finance & Funding

Related Content

  • Ghana strikes road funding deal with China
    December 13, 2018
    A funding arrangement has been agreed between Ghana and China to pay for road construction works. The package is for a US$646.6 million deferred payment deal. It has been set up with Sinohydro to cover an engineering, procurement and construction (EPC) contract. This will be for upgrade and improvement work for roads and interchanges. The package is the first in a series worth up to $2 billion that will pay for various major infrastructure projects in Ghana. One of the projects will include building a road
    Read More
  • Argentina road projects financing established
    December 7, 2016
    Argentina is receiving a loans from the Inter-American Development Bank (IADB) worth US$300 million for road improvements. The loan will be used to widen and improve roads across the country and is for 25 years with a grace period of 4.5 years. The Argentina Government will provide a further $200 million for road development projects. Planned projects include a new 120km dual carriageway as well as work to a 35.4km section of National Route 19 in Cordoba Province. Meanwhile around half of Salta Province
    Read More
  • Ukraine's pivotal plans
    February 16, 2012
    The authorities in the Ukraine are in discussions regarding financing for a major road project, as well as making plans for the country's first ever highway concession.
    Read More
  • Widening and upgrade for highway in Nicaragua’s capital
    January 27, 2017
    Nicaragua is continuing to develop its highway network, this time with a major project planned for the capital, Managua. A loan worth close to US$107.5 million from the Central American Bank for Economic Integration (CABEI) is to help pay for the project. The work calls for the upgrade and widening of the Pista Juan Pablo II route running through Managua. The 9.55km stretch of road will benefit from three additional lanes, helping to boost capacity and reduce congestion and delays at peak periods. Safety pr
    Read More

Highlighted Content