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Originally published by Capital Business
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business
August 12, 2025
4d ago

State turns to development banks for JKIA expansion

State turns to development banks for JKIA expansion

NAIROBI, Kenya, Aug 12 - The government is seeking about $2 billion from development banks to revive plans for expanding the Jomo Kenyatta International Kenya breaking news | Kenya news today |..

✨ Key Highlights

The Kenyan government is seeking about $2 billion from various development banks to fund the expansion of Jomo Kenyatta International Airport (JKIA).

  • The funding will be used to construct a second runway and new terminal buildings at JKIA.
  • Letters of support have been sent to institutions including China Exim Bank, KfW, and the African Development Bank.
  • This move revives expansion plans after President William Ruto cancelled a $2.5 billion deal with India's Adani Group last year following public backlash.

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