How firm linked to MP Nelson Koech lost Sh5bn Mombasa Road deal
Contract shift to Chinese company raises fresh concerns over procurement method and fate of local firms..
✨ Key Highlights
A Sh4.98 billion contract to upgrade a section of Mombasa Road has been awarded to China Road and Bridge Corporation (CRBC), displacing local firms previously contracted for the work.
- The contract value is Sh4,981,338,499.71.
- The affected local firms included Shovels and Trowels Ltd, linked to Belgut MP Nelson Koech's wife, and Wolf Paving Ltd.
- The contract was awarded to CRBC using the Specially Permitted Procurement (SPP) method on December 18.
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Kenya forex reserves Rise by Sh266bn after Eurobond boost - March 2026
Kenya's foreign exchange reserves have significantly increased to $14.59 billion (Sh1.88 trillion), bolstered by proceeds from a recent Eurobond issuance. At the same time, a Sh4.98 billion contract to upgrade a section of Mombasa Road has been awarded to China Road and Bridge Corporation (CRBC), displacing local firms previously contracted for the work. During International Women's Day celebrations organized by the Bidii Girls Program in Nairobi, women were strongly encouraged to prioritize saving, smart investments, and mentorship for financial independence and long-term economic empowerment.
