President William Ruto has announced that the expansion of Jomo Kenyatta International Airport (JKIA) will be the first infrastructure project financed under the newly established National Infrastructure Fund (NIF). The NIF is designed to mobilize over Ksh5 trillion over the next decade for large-scale development projects.

• The NIF Bill was signed into law on Monday, March 9.
• Ksh20 billion from the proceeds of the Kenya Pipeline Company sale will serve as seed money for JKIA's expansion.
• The fund will be overseen by a seven-member Board of Directors, chaired by an independent director, with the Treasury Cabinet Secretary also on the board.