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February 27, 2026
2h ago

CUK Chancellor Calls for Corporate Kenya National Infrastructure Fund Independence

CUK Chancellor Calls for Corporate Kenya National Infrastructure Fund Independence

He noted that debate has intensified across Kenya, with questions emerging about transparency, accountability, and what could be hidden within a corporate structure managing billions in infrastructure financing...

✨ Key Highlights

Dr. Benard William Chitunga, Chancellor of the Co-operative University of Kenya, has warned that Kenya's proposed National Infrastructure Fund (NIF) could be depleted by political interference if managed directly by the government.

  • The fund aims to raise up to Ksh5 trillion, with Ksh2.5 trillion targeted by April.
  • Key figures include Dr. Benard William Chitunga and President William Ruto.
  • Dr. Chitunga advocates for a corporate structure, citing successful models like Singapore's Temasek Holdings and the UAE's Mubadala Investment Company, to ensure financial independence and prevent bureaucratic or political pressures.

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