Kenya is establishing the National Infrastructure Fund (NIF) through a proposed new law, aiming to shift infrastructure funding from public borrowing to an investment-driven model for commercially viable projects. This initiative, championed by President William Ruto, seeks to reduce the financial burden on ordinary Kenyans.

• The NIF, established under the National Infrastructure Fund Act, 2026, will operate as a standalone corporate body, explicitly barred from borrowing or taking credit against its balance sheet.
• The Fund will be managed by a seven-member Board of Directors, chaired by an Independent director, and include the Cabinet Secretary for the National Treasury, four Independent directors, and two individuals with development banking experience.
• Funding for the NIF will come from multiple sources, including proceeds from the privatisation and sale of government assets, parliamentary appropriations, mobilization of domestic pension funds and collective investment schemes, and donations/grants from local and international institutions.