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Originally published by Capital Business
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business
November 12, 2025
5h ago

UBA commits Sh19bn to Kenya’s Road Securitisation Programme

UBA commits Sh19bn to Kenya’s Road Securitisation Programme

NAIROBI, Kenya, Nov 12 - The United Bank for Africa (UBA) Group has committed Sh19 billion ($150 million) to Kenya’s Road Infrastructure Securitisation Kenya breaking news | Kenya news today |..

✨ Key Highlights

United Bank for Africa (UBA) Group has committed Sh19 billion ($150 million) to Kenya’s Road Infrastructure Securitisation Programme, a move lauded by President William Ruto as a vote of confidence in Kenya's growth agenda.

  • The commitment totals Sh19 billion ($150 million), making up a significant portion of Kenya's $1 billion road securitisation program.
  • The agreement was made between President William Ruto and UBA Group Chairman Tony O. Elumelu.
  • UBA Group, operating in 20 African countries, aims to expand investments in Kenya’s energy, real estate, hospitality, and banking sectors, in addition to supporting transformative national projects like railway modernization and airport expansion.

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