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HomeDaily NewsMonday, December 15, 2025Cabinet Approves KSh5 Trillion Infrastructure Fund and Other Major National Projects - December 2025
Breaking News & Top Stories3 stories from 1 sources

Cabinet Approves KSh5 Trillion Infrastructure Fund and Other Major National Projects - December 2025

Kenya's Cabinet has approved the establishment of a KSh5 trillion National Infrastructure Fund and a Sovereign Wealth Fund to accelerate economic growth. These funds will utilize creative financing methods beyond traditional taxation to mobilize resources. The Cabinet also approved the implementation of new second-generation smart driving licenses, which will be rolled out via a public-private partnership to modernize transport and improve road safety. In a related development, the Kenyan Government has signed a KSh 40.4 billion Public-Private Partnership (PPP) deal. This agreement aims to upgrade the national power transmission network, boost grid stability, and integrate renewable energy.

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Monday 6:27 PMKenyans

Cabinet Okays New Driving Licences

Cabinet Okays New Driving Licences

Kenya's Cabinet has approved the implementation of new second-generation smart driving licenses, aiming to modernize the country's transport system and improve road safety. This initiative will be rolled out through a public-private partnership.

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Key Highlights

Kenya's Cabinet has approved the implementation of new second-generation smart driving licenses, aiming to modernize the country's transport system and improve road safety. This initiative will be rolled out through a public-private partnership.

  • The new licenses will integrate with an instant fine system, mobile license wallet, and driver merit and demerit points.
  • The project was approved on Monday, December 15.
  • These chip-based cards will store driver's data, history, and facilitate digital payments.
Monday 6:08 PMKenyansFirst

Kenya Signs New KSh 40.4B Power Deal

Kenya Signs New KSh 40.4B Power Deal

The Kenyan Government has signed a KSh 40.4 billion Public-Private Partnership (PPP) deal to upgrade its national power transmission network. This agreement aims to boost grid stability, integrate renewable energy, and drive economic growth across Kenya.

Read Story

Key Highlights

The Kenyan Government has signed a KSh 40.4 billion Public-Private Partnership (PPP) deal to upgrade its national power transmission network. This agreement aims to boost grid stability, integrate renewable energy, and drive economic growth across Kenya.

  • The KSh 40.4 billion project was signed on Monday, December 15, by Kenya Electricity Transmission Company Limited (KETRACO), Africa50, and PowerGrid Corporation of India.
  • Principal Secretary Dr Chris Kiptoo affirmed the government's commitment to energy infrastructure investments, noting the project's critical role in national resilience and economic expansion.
  • The project will involve constructing two high-voltage transmission corridors: the 400 kV Lessos–Loosuk line and the 220 kV Kibos-Kakamega-Musaga line, benefiting Kakamega, Kisumu, and other western counties by reducing technical losses and load shedding.
Monday 6:15 PMKenyans

Cabinet Approves Ksh5 Trillion National Infrastructure Fund

Cabinet Approves Ksh5 Trillion National Infrastructure Fund

The Cabinet has approved the establishment of a KSh5 trillion National Infrastructure Fund and a Sovereign Wealth Fund, aiming to accelerate economic growth and improve Kenya's financial standing. Both funds will utilize creative financing methods beyond traditional taxation to mobilize resources for national development.

Read Story

Key Highlights

The Cabinet has approved the establishment of a KSh5 trillion National Infrastructure Fund and a Sovereign Wealth Fund, aiming to accelerate economic growth and improve Kenya's financial standing. Both funds will utilize creative financing methods beyond traditional taxation to mobilize resources for national development.

  • The National Infrastructure Fund, approved as a limited liability company, will serve as a central engine for deploying capital into high-priority infrastructure projects.
  • The Sovereign Wealth Fund will manage revenues from mineral and petroleum resources, dividends from public investments, and a portion of privatisation proceeds.
  • All proceeds from privatisation will be strictly allocated for infrastructure investment under this new framework.
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