Business & Economy4 stories from 1 sources
The Kenyan Cabinet is set to approve the National Infrastructure Fund (NIF), aiming to mobilize Sh5 trillion. In parallel, the government has initiated the expansion of the Nairobi Central Railway Station as part of the Nairobi Railway City project to create a multimodal transport interchange. In a separate infrastructure deal, the Kenya Electricity Transmission Company Limited (KETRACO) has signed a Sh40.4 billion ($311 million) Public-Private Partnership (PPP) agreement to expand and modernize the country's power transmission network with Africa50 and Power Grid Corporation of India. The Cabinet also approved the transfer of smart driving licence issuance from the National Transport and Safety Authority (NTSA) to a private investor under a new PPP framework.
The Kenya Electricity Transmission Company Limited (KETRACO) has signed a Sh40.4 billion ($311 million) Public-Private Partnership (PPP) agreement to expand and modernize Kenya’s power transmission network, involving Africa50 and Power Grid Corporation of India.
Summary & Analysis
The Kenyan Cabinet is set to approve the National Infrastructure Fund (NIF) tomorrow, which aims to mobilize Sh5 trillion to transform the nation from a third-world to a first-world economy.
Summary & Analysis
The Kenyan government has initiated the expansion of the Nairobi Central Railway Station as part of the Nairobi Railway City project, aiming to alleviate congestion and enhance connectivity in the capital. This redevelopment will transform the station into a multimodal transport interchange.
Summary & Analysis
Kenya's Cabinet has approved the transfer of smart driving licence issuance and management from the National Transport and Safety Authority (NTSA) to a private investor. This shift will occur under a new public-private partnership (PPP) framework, aiming to modernize licensing and enhance road safety.
Summary & Analysis
