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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