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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Ruto Signs Infrastructure Fund Law to Unlock Sh5tn Development Plan - March 2026
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 Kisumu port is set to play a larger role in regional trade following a Sh350 million allocation for dredging, enabling it to accommodate bigger vessels amid a surge in cargo traffic. Separately, the National Transport and Safety Authority (NTSA) has launched a new Instant Fines Traffic Management System that automatically issues traffic violation notifications via SMS to motorists.
