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Kenya is experiencing a significant infrastructure revival, with over 580 previously stalled road projects now back on track after widespread halts last year due to unpaid contractor bills. This is linked to the securitisation of the road maintenance levy. Separately, the Kenya National Chamber of Commerce and Industry (KNCCI), in collaboration with the Ministry of Trade, has launched a new e-procurement system for government goods. The nation is also making strides to bolster its digital payment systems within the financial sector, a move expected to enhance efficiency and accessibility. These initiatives underscore the nation's commitment to modernizing its economic infrastructure.
Kenya is experiencing a significant infrastructure revival, with over 580 previously stalled road projects now back on track. This comes after widespread project halts last year due to unpaid contractor bills, highlighting a major shift in public works funding.
Kenya is making strides to bolster its digital payment systems within the financial sector, a move expected to enhance efficiency and accessibility. This initiative underscores the nation's commitment to modernizing its economic infrastructure.