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

  • Senegal to Guinea-Bissau highway link going ahead
    November 23, 2022
    Funding for the Senegal to Guinea-Bissau highway link has been secured.
    Read More
  • Kenya highway project financing resolution
    May 17, 2018
    Construction work on Kenya’s vital Mombasa-Nairobi highway upgrade project is now going ahead as planned. A resolution has been achieved that will solve the funding issues that had threatened to delay the project. The project will cost nearly US$3 billion in all and is crucial for the country’s economic development as it will provide a new four lane highway connecting Kenya’s capital, Nairobi, with its largest port at Mombasa. But there were concerns that the funding method based on a series of loans that w
    Read More
  • Funding secured for Nepal highway connection
    October 11, 2018
    A funding package has been secured that will help pay for a key road project in Nepal. The Asian Development Bank (ADB) is providing a loan worth US$180 million that will be used to help pay for widening work to an 87km stretch of the East-West Highway between Kamala and Kanchanpur. At present the route has just one lane in either direction but the upgrade will see the route being widened in a bid to boost capacity and safety, with two lanes in either direction. The project is being managed by the Nepalese
    Read More
  • Papua New Guinea is set for extensive road bridge work upgrades
    January 21, 2015
    Papua New Guinea is set to start road and bridge upgrades that could cost upwards of US$576 million. Work on bridges will be paid partly through agreements with the Australian Department of Foreign Affairs, amounting to around US$53 million, and the Asian Development Bank which is putting in nearly $32 million. The Australian Department of Foreign Affairs has also earmarked $101 million to upgrade of arterial roads to standard concrete in the port city of Lae, the capital of Morobe Province. Lae, the
    Read More

Highlighted Content