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.

Finance & Funding Road Structures

For more information on companies in this article

Related Content

  • Road projects commence in Tanzania
    February 24, 2022
    Road projects are now commencing in Tanzania.
    Read More
  • Pakistan secures loans for the M4 Khanewal and Shorkot section
    June 16, 2016
    The China-based Asian Infrastructure Investment Bank and the Philippines-based Asian Development Bank will co-finance a 64km highway project between Khanewal and Shorkot towns in Punjab province of Pakistan. A report in Japan Today said that ADB had approved a €88.85 million loan for the project. AIIB will likely get board approval for its nearly €89 million this month. A grant for the project worth nearly €34 million is being extended by the UK’s Department of International Development. The Pakistan
    Read More
  • Bolivia's Santa Cruz road corridor connector project
    December 22, 2016
    Bolivia’s ambitious Santa Cruz road corridor connector project is providing an important link for the country - Gordon Feller writes The World Bank has been organising a US$230 million loan to upgrade a vital connector linking the country’s northern and southern transit corridors. Meanwhile, another $100 million is coming from Bolivia’s government.
    Read More
  • Studies underway for Honduras road upgrade
    July 15, 2019
    Studies are underway for a major road upgrade project in Honduras.
    Read More

Highlighted Content