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Originally published by Kenyanstop
June 23, 2025
5mo ago
Kenya Secures New Ksh16.4 Billion Loan

Kenya will be required to pay back the loan within the next five years...
✨ Key Highlights
The Kenyan government has secured a new loan of Ksh16.484 billion (approximately $126.8 million) from the International Fund for Agricultural Development (IFAD) to support the Natural Resources Management Programme (INReMP).
- 25-year repayment period with 1.41% interest rate and five years grace period.
- Signed by Treasury Cabinet Secretary John Mbadi and IFAD Regional Director Sara Mbago-Bhunu on June 23.
- The project aims to tackle environmental challenges and enhance rural livelihoods across several counties including Elgeyo Marakwet and West Pokot.
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Kenya Government Secures Sh16.4 Billion Loan for Rural Development
Kenya secures Sh16.4 billion loan aimed at improving rural livelihoods. Efforts focus on enhancing living standards.
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