Kenyan governors pitch regional mega-projects at African trade forum

Kenyan governors pitched for local mega-projects they say are crucial for unlocking economic growth and reducing the continent's reliance on foreign aid...
✨ Key Highlights
Kenyan governors presented ambitious regional mega-projects at an African investment forum, seeking direct funding from international financiers to unlock economic growth and reduce reliance on foreign aid. This marked a strategic shift towards sub-sovereign engagement with global capital markets.
- Most important fact or figure from the article: Bungoma Governor Kenneth Lusaka outlined a proposed $500 million Lake Region Solar Energy Park and an Inter-County Railway Network.
- Key person or organization involved: Governors Kenneth Lusaka (Bungoma) and Andrew Mwadime (Taita Taveta) at the 5th African Sub-Sovereign Governments Network (AfSNET) conference, organized by Afreximbank.
- Notable detail that adds context: Governors emphasized the need for direct investment in infrastructure and industrialization to tackle joblessness and drive development, advocating for the liberalization of continental air routes to boost trade.
Continue Reading
Read the complete article from The Standard Business