Kenya aims to raise Ksh2.5 trillion by April for its National Infrastructure Fund (NIF), targeting a total of Ksh5 trillion over a ten-year period. This initiative, announced by President William Ruto, seeks to fund major infrastructure projects without relying on traditional borrowing.

• Kenya plans to raise Ksh2.5 trillion (half of the total Ksh5 trillion NIF target) by April.
• The funding for the National Infrastructure Fund (NIF) will come from sources like partial privatization of state-owned enterprises (e.g., Kenya Pipeline Company, East Africa Portland Cement), aiming to generate an estimated Ksh350 billion upfront.
• President William Ruto announced this strategy, emphasizing a shift from debt and taxation to an investment-led, market-driven model to fund projects like the Standard Gauge Railway (SGR) expansion and Jomo Kenyatta International Airport (JKIA) modernization.