Skip to main content

Uganda-Kenya road link finds funds

Funding for improvements to a major road connection between Kenya and Uganda will be provided by the African Development Bank (AfDB). In all US$253 of financing will be provided for the road improvement work to the 118km stretch of road. The Kenyan side of the project will receive funding worth $147 million while the Ugandan side will receive $106 million. This will pay for close to 90% of the costs associated with the project, with the remainder being paid for by the Kenyan Government and the Ugandan Gover
May 3, 2017 Read time: 1 min

Funding for improvements to a major road connection between Kenya and Uganda will be provided by the 1586 African Development Bank (AfDB). In all US$253 of financing will be provided for the road improvement work to the 118km stretch of road. The Kenyan side of the project will receive funding worth $147 million while the Ugandan side will receive $106 million. This will pay for close to 90% of the costs associated with the project, with the remainder being paid for by the Kenyan Government and the 1073 Ugandan Government for the respective sections in their territory. Included in the work will be a bypass around the Kenyan town of Eldoret.

For more information on companies in this article

Related Content

  • Zambia’s rural road programme receives funding
    May 12, 2017
    The World Bank is providing US$200 million to Zambia for the country’s rural road development programme. The funding is being provided through the International Development Association (IDA) and will help pay for improvements to rural roads in six of 10 provinces in Zambia. Meanwhile the country itself will pay for rural road upgrades in the remaining four provinces. These road upgrades are required as they will help boost economic development in Zambia’s poorest outlying areas. At present just 17% of those
  • Sri Lanka road funding package secured
    November 16, 2021
    A loan facility for Sri Lanka will be used for road funding.
  • funding runs out for Spanish road project
    May 18, 2012
    The Spanish Ministry of Works requires further funds to complete work on the 261.5km A-11 Duero Highway. A further €1.13 billion is needed to pay for the work on the stretch between Los Rabanos (Soria) and San Martin del Predroso (Zamora) on the border with Portugal. There has already been €54.2 million invested in the project, which paid for construction of the 15.2km of the Aranda de Duero bypass but work is currently at a standstill. No new work has been carried out since July 2010 when the 6.2km Ronda N
  • Europe-Asia road link
    February 9, 2017
    The governments of China, Kazakhstan, Belarus and Russia have finally approved a project for the building of a new transcontinental road, which will connect Asia and Europe. The new route is much-needed and will speed the transportation of cargo between the two continents, according to Maxim Sokolov, Russia’s Minister of Transport. The idea for the building of the road was first proposed by the European Commission around 2005. It was prompted by the ever growing volume of trade between the EU and Chin