Africa infrastructure Stories
The World Bank adds that in the early 2000s, Africa enjoyed strong economic growth driven by high commodity prices and a surge in foreign capital infl...
Kenya has already made strides in digital security, exemplified by Nairobi’s integrated command centres and M-Pesa-linked ID systems. Yet, challenges...
Treasury Cabinet Secretary John Mbadi on Thursday said the government has embraced PPPs to build roads, dams, electricity transmission lines and other...
The fibre expansion forms a backbone for key government digital services such as health, education, and identity systems, while also boosting the digi...
Ochora was arrested and is currently detained at Muthaiga Police Station, with forensic officers analysing his laptop for potential evidence.
The bridge spans a total length of three kilometres across Lake Victoria. It is also connected by an additional 1.66 kilometres of feeder roads
Involving significant investments from both the government and private sector, the initiative focuses on creating impactful projects that address the...
The PPP-ITF proposal focuses on pooling long-term domestic capital from institutional investors such as pension funds and insurance companies. This fu...
Said Juma Tsuma had previously been convicted for a similar offence in 2023, for which he was sentenced to community service. The court took his past...
The survey reveals that most of the funds have been channelled toward improving trunk and primary roads, upgrading secondary and minor roads, and main...
While the structure has only just been launched, it is already being hailed as a long-overdue solution, one that may finally bring relief to hundreds...
The audit has painted a troubling picture of poor planning, lax oversight, and disregard for public funds, with stalled and delayed projects affecting...
Sifuna is out on a cash bail of Sh100,000 after the court declined to remand him for an additional seven days as sought by the DCI last week.
Of Kinshasa’s two flood risks, the impact of Congo River flooding can be observed in large cities located along major rivers, and typically peaks arou...
According to CBK, this was made possible by strong investor interest in long-term government bonds and a well-supplied money market.
Infrastructure Bonds, which were introduced in February 2009, are exempt from withholding tax—unlike other bonds that attract a tax of 10 per cent for...
A major beneficiary of the increased allocation is the World Bank-funded South Sudan Eastern Africa Transport, Trade, and Development Facilitation pro...
To curb vandalism, Irshad urged KeNHA to consider using non-metal alternatives for road barriers, similar to Kenya Power's shift to concrete poles.
The Draft Tolling Policy suggests that roads with additional lanes, enhanced safety features, or facilities improving motorists' experience could also...
The committee's task includes identifying viable PPP projects, such as the expansion of the Jomo Kenyatta International Airport airfield.
The auction, which closed on Wednesday, included two long-term bonds, the 15-year bond, first issued in 2018, and the 25-year bond that debuted in 202...
This initiative follows the collapse of high-profile PPP deals involving Indian billionaire Gautam Adani in Kenya's road and energy sectors, amid alle...
The Treasury had projected that taxing infrastructure bond interest would generate Sh13 billion annually, a crucial part of its efforts to raise Sh174...
This move is in line with the government's commitment to bridging the gap between the marginalised and more developed regions of the country.
Initially proposed in early February 2024, the bond’s development was put on hold due to concerns about whether the overseas Kenyan community would bu...
The new tax would apply to bonds issued in the future, replacing the existing 25 securities listed on the Nairobi Securities Exchange (NSE) and valued...
Tthe IMF has lowered Kenya's GDP growth forecast for the country to 5.0 per cent.
“Any person who commits such an offense shall be liable to a fine of not more than fifteen (15) million shillings or imprisonment for a term not excee...
Ruto stated that this membership would allow Kenya to access concessional funding for a variety of development projects.
