Kenya's National Treasury has confirmed a Ksh389 billion Public Private Partnership (PPP) project to upgrade the Nairobi-Mombasa expressway, which will be converted into a toll road.

• The project involves an investment of Ksh389 billion ($3 billion).
• Key figures include Director General of the PPP Directorate Kefa Seda and Treasury Cabinet Secretary John Mbadi.
• This expansion of the 461-kilometre highway to two lanes in each direction aims to ease severe congestion and form part of the Trans-African Highway Number 4.

President William Ruto has announced over $2.9 billion in new investment deals expected to create 63,000 jobs in Kenya. The unveiling took place during the Kenya International Investment Conference in Nairobi.

• Investments will span sectors including agriculture, manufacturing, ICT, and healthcare, with agriculture alone attracting $1 billion.
• President Ruto highlighted ongoing government reforms aimed at improving the ease of doing business and investor confidence, including tax reforms and the digitization of services through the One-Stop Investment Centre.
• President Daniel Chapo of Mozambique also spoke, emphasizing the importance of private sector investment for Africa's development.

The Motorists Association of Kenya (MAK) has expressed concerns that the new Naivasha–Kisumu–Malaba Standard Gauge Railway (SGR) extension could significantly disrupt Kenya's highway-based economy by diverting cargo from roads to rail.

• The SGR extension, costing Ksh 500 billion, is projected to shift the bulk of transit cargo currently moved by road along the Northern Corridor.
• MAK fears this shift could lead to economic decline in towns like Mai Mahiu, Naivasha, Nakuru, Eldoret, and Webuye, which rely on road transport.
• The association questions the rationale behind investing billions in road upgrades, such as the Rironi–Mau Summit dual carriageway, while a parallel railway is being developed, raising concerns about duplication and value for money, with the railway expected to be completed by June 2027.