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Originally published by Capital Business
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business
March 9, 2026
10h ago

Ruto signs Infrastructure Fund law to unlock Sh5tn development plan

Ruto signs Infrastructure Fund law to unlock Sh5tn development plan

The NIF is expected to mobilise nearly Sh5 trillion over the next decade to finance key national projects, including highways, railways, ports, agribusiness infrastructure, and energy systems. Kenya breaking news | Kenya news today |..

✨ Key Highlights

President William Ruto has signed into law the National Infrastructure Fund (NIF) Bill, 2026, a significant move to finance large-scale development projects through an investment-led approach.

  • The fund aims to mobilize nearly Sh5 trillion over the next decade for key national projects including highways, railways, and ports.
  • Key stakeholders involved include President William Ruto, the National Assembly, and the Treasury Cabinet Secretary.
  • The law introduces stringent oversight mechanisms, including parliamentary approval of the fund's Investment Policy and severe penalties for misappropriation of funds.

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