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Originally published by The Standard Business
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December 1, 2025
14h ago

Mbadi seeks backing for State's privatisation agenda

Mbadi seeks backing for State's privatisation agenda

Treasury Cabinet Secretary John Mbadi says Kenya must urgently shift towards private capital as traditional international funding for infrastructure continues to decline...

✨ Key Highlights

Treasury Cabinet Secretary John Mbadi has urged engineers and private-sector players to support the Kenyan government’s privatization agenda, emphasizing the urgent need to shift towards private capital as traditional international funding for infrastructure declines.

  • Traditional funding sources like the IMF and World Bank are shrinking, necessitating private investment for infrastructure projects.
  • Mbadi highlighted successful Public-Private Partnerships (PPPs) such as the Nairobi Expressway, estimated at approximately Sh85 billion, and ongoing geothermal projects.
  • The government's financing strategy will increasingly rely on PPPs, infrastructure bonds, and green bonds, with local participation being a key policy for economic circulation.

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