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Originally published by Capital Newstop
November 20, 2025
6h ago
National Infrastructure Fund will multiply privatization proceeds tenfold: Ruto
President William Ruto launches the National Infrastructure Fund to mobilize KSh 5 trillion for national projects without raising taxes or public debt, also unveiling plans for a Sovereign Wealth Fund to secure Kenya’s future...
✨ Key Highlights
President William Ruto has unveiled the National Infrastructure Fund (NIF), a new financing mechanism aimed at multiplying privatization proceeds tenfold to fund major development projects in Kenya.
- The NIF seeks to attract ten shillings from long-term investors for every shilling invested from privatization proceeds.
- The fund is designed to finance four priority national projects requiring an estimated Sh5 trillion.
- The NIF is based on reforms in the Government-Owned Enterprises Bill and aims to end the cycle of privatization proceeds being used for recurrent expenditure.
- Ruto also announced plans for a Sovereign Wealth Fund to invest natural resource royalties and privatization proceeds for future generations.
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