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

  • Mozambique receives road funding
    February 16, 2012
    Mozambique's necessary infrastructure work will receive a boost from foreign loans.
    Read More
  • Nicaragua road project funding deal
    February 1, 2018
    Nicaragua’s Ministry of Transport and Infrastructure (MTI) is setting out its road development programme for 2018. In all the plans call for the construction of 171km of roads. Work will be completed for the road from Mulukuku to Siuna, with the first 23km stretch due to open in September 2018 and the remaining 21.5km expected in December 2018. Meanwhile the road from Nueva Guinea to San Francisco should be complete by November 2018. Work started on these two routes in 2016. The project also calls for
    Read More
  • Cutting road deaths around the world
    February 27, 2020
    A new funding source will help cut road deaths around the world.
    Read More
  • Financing arranged for new Indonesian toll road
    October 4, 2012
    A US$1.3 billion toll road project in Indonesia is being funded by a syndicate composed of various financial institutions. In all 22 banks or financial institutions are coming together to provide a loan worth $917 million for the new Cikampek-Palimanan toll road. Export-Import Bank of Malaysia (Exim Bank) is one of the banks involved and is providing $95 million in credit facilities to Lintas Marga Sedaya, which is working on the project. The majority stake in Lintas Marga Sedaya, 55%, is owned by PLUS Expr
    Read More

Highlighted Content