United Bank for Africa (UBA) has committed $150 million (Sh20.5 billion) to Kenya’s Roads Levy Securitisation Programme, providing a significant boost to the Sh175 billion infrastructure plan that aims to revive over 580 stalled road projects.

• The Kenya Roads Board (KRB) is spearheading this programme, which securitises part of the Road Maintenance Levy Fund (RMLF) to attract private capital without increasing national debt.
• UBA Group Managing Director and CEO Oliver Alawuba stated that the bank’s commitment reflects confidence in Kenya’s economy and the importance of collaborative infrastructure financing.
• The securitisation model is designed to use existing collections more smartly, channeling Sh7 of every Sh25 collected per litre of fuel into a Special Purpose Vehicle (SPV) to fund projects upfront.

Kenya plans to raise KSh 901 billion in new debt for the upcoming fiscal year, with the majority, 72%, sourced from the domestic market. This strategy aims to reduce refinancing and exchange rate risks, aligning with the 2025 Medium-Term Debt Management Strategy.

• Total net borrowing is estimated at KSh 901 billion, with KSh 613.5 billion from domestic sources and KSh 287.4 billion externally.
• The National Treasury projects gross financing needs of KSh 1.55 trillion, including KSh 901 billion for the fiscal deficit.
• Domestic borrowing will primarily involve Treasury bonds with a net issuance target of KSh 634.8 billion, complemented by KSh 149 billion from privatization proceeds.
• Kenya's total public debt stood at KSh 11.8 trillion as of June 2025, equivalent to 67.8% of GDP.

Tourism Cabinet Secretary Rebecca Miano has defended the proposed increase in Kenya's national park entry fees, citing a persistent funding gap in conservation and rising maintenance costs. The Kenya Wildlife Service (KWS) aims to close a Sh12 billion annual funding deficit with these revisions, marking the first fee adjustment in nearly two decades.

• Nairobi National Park local fees are set to rise from Sh430 to Sh1,000, while foreign visitors would pay $80 (Sh10,360), up from $43 (Sh5,570).
• The KWS needs Sh19.79 billion but generated only Sh7.92 billion in the 2024/25 fiscal year.
• The proposed fee structure is projected to raise collections to Sh16.58 billion by 2028.
• A similar fee hike was suspended in December 2023 due to insufficient public participation.