World Bank helping fund Kenya road

Funding from the World Bank (WB) will help finance a key Kenyan road project. The US$440.61 million credit line is being provided by the WB to the Kenya National Highways Authority. This will be used for upgrading the Lodwar-Nadapal Road in Kenya. The upgrading will involve construction of bridges, culverts and other drainage facilities.
December 7, 2015 Read time: 1 min
Funding from the World Bank (WB) will help finance a key Kenyan road project. The US$440.61 million credit line is being provided by the WB to the Kenya National Highways Authority. This will be used for upgrading the Lodwar-Nadapal Road in Kenya. The upgrading will involve construction of bridges, culverts and other drainage facilities.
Finance & Funding Road Structures

Related Content

  • World Bank to reduce its Ukraine financing
    April 24, 2012
    The World Bank is reducing its financing projects in Ukraine until 2016. The new cooperation strategy between the bank and the country's government follows a drop in financing through slow spending loans extended by the bank to the country in recent years. The bank will provide US$150million for the Second Project for Exports Development in 2012. And Ukraine can also receive $1billion in 2013-2014. However, both financing packages will depend on development of economic reforms in the country during the foll
    Read More
  • Loan facility to help pay for Indonesia road
    October 12, 2018
    A loan facility has been secured which will help provide the necessary funding for a project planned by Waskita Toll Road in Indonesia. The loan is worth US$151.1 million and is being provided by a number of finance agencies. The bodies providing the financing package are Sarana Multi Infrastrukture and Bank Syariah Mandiri. The financing will be used by Waskita Toll Road’s Trans Jawa Paspro Jalan Tol division for a 31km toll road connecting Pasuruan with Probolinggo.
    Read More
  • Sri Lankan highway upgrade
    February 29, 2012
    A key route in Sri Lanka is to see a major upgrade programme following provision of a US$100 million loan by the World Bank (WB).
    Read More
  • Colombia’s road programme attracting foreign funding
    May 18, 2018
    Foreign financing looks likely for much of Colombia’s 4G road programme. Colombia's national infrastructure agency, ANI, has said that there are 13 funding sources from outside of the country that are keen to provide financing for the 4G road development plan. Those showing an interest include pension funds and capital funds. Chinese and Middle Eastern financing for Colombian road development is also a possibility. The list of financing sources already involved in Colombia’s 4G programme includes JP Morgan
    Read More

Highlighted Content