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HomeDaily NewsFriday, November 28, 2025Kenya Announces Plans for Road Dualling and Cross-Border Financial Market Integration - November 2025
Business & Economy3 stories from 1 sources

Kenya Announces Plans for Road Dualling and Cross-Border Financial Market Integration - November 2025

The Kenyan government is moving forward with significant infrastructure initiatives. President William Ruto announced that tenders for the dualling of Kiambu Road and the Northern Bypass are scheduled for release in early 2026 to address significant traffic congestion. President Ruto also announced a commitment to deepen cooperation with China, particularly in infrastructure development. This was highlighted during a meeting with the Export-Impo­rt Bank of China where a loan for an Intelligent Transport System was discussed. Separately, the Nairobi Securities Exchange (NSE) and the National Securities Exchange of Somalia (NSES) signed a Memorandum of Understanding. This agreement aims to foster financial integration through cross-border listings and technology collaboration.

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Friday 4:34 PMCapital Business

NSE, Somalia Bourse sign deal to boost cross-border markets

NSE, Somalia Bourse sign deal to boost cross-border markets

The Nairobi Securities Exchange (NSE) and the National Securities Exchange of Somalia (NSES) have signed a Memorandum of Understanding (MoU) to foster financial integration through cross-border listings and technology collaboration.

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Key Highlights

The Nairobi Securities Exchange (NSE) and the National Securities Exchange of Somalia (NSES) have signed a Memorandum of Understanding (MoU) to foster financial integration through cross-border listings and technology collaboration.

  • The agreement establishes a framework for dual listings, shared regulatory standards, Sukuk development, and joint investor-education programs.
  • Yasin Ibar, Chief Executive of NSES, stated the partnership will provide regulated financing access for Somali businesses.
  • Somalia's bourse is set to begin trading in early 2026, targeting sectors including telecommunications, banking, real estate, energy, and agriculture.
Friday 8:05 AMCapital BusinessFirst

Govt to deepen partnership with China to improve infrastructure

Govt to deepen partnership with China to improve infrastructure

Kenyan President William Ruto announced the government's commitment to deepening cooperation with China, particularly in infrastructure development. This commitment was highlighted during a meeting with the Export-Import Bank of China (China Exim Bank), where a significant loan agreement for an Intelligent Transport System was discussed.

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Key Highlights

Kenyan President William Ruto announced the government's commitment to deepening cooperation with China, particularly in infrastructure development. This commitment was highlighted during a meeting with the Export-Import Bank of China (China Exim Bank), where a significant loan agreement for an Intelligent Transport System was discussed.

  • Kenya secured a $185 million concessional loan from China Exim Bank for the Intelligent Transport System (ITS) project.
  • The agreement was signed by Kenya's National Treasury Cabinet Secretary John Mbadi and Deputy General Manager of the Sovereign Business Department at the China Exim Bank Zhu Jia.
  • The ITS project aims to improve traffic coordination, enhance road safety, and modernize key transport corridors in Kenya, leading to reduced congestion and economic savings.
Friday 12:00 PMCapital Business

Tenders for Kiambu Road, Northern Bypass dualling set for early 2026

Tenders for Kiambu Road, Northern Bypass dualling set for early 2026

Tenders for the dualling of Kiambu Road and the Northern Bypass in Kenya are slated for release in early 2026, as announced by President William Ruto. These projects aim to alleviate significant traffic congestion in the Nairobi area.

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Key Highlights

Tenders for the dualling of Kiambu Road and the Northern Bypass in Kenya are slated for release in early 2026, as announced by President William Ruto. These projects aim to alleviate significant traffic congestion in the Nairobi area.

  • The Pangani–Muthaiga–Kiambu–Ndumberi road expansion is a 38.7 billion Shilling project, covering 23.5 kilometers, financed by a loan from China’s EXIM Bank.
  • The Kenya National Highways Authority (KeNHA) will oversee the conversion of the existing two-lane road into a four-lane dual carriageway, including service lanes, pedestrian walkways, and six footbridges.
  • This announcement coincides with ongoing work on the Rironi–Nakuru–Mau Summit Expressway, with segments handled by China Road and Bridge Corporation (CRBC), the National Social Security Fund (NSSF), and Shandong Hi-Speed Road and Bridge International (SDRBI).
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