President William Ruto announced that Sh15-Sh20 billion from the Kenya Pipeline Company IPO will fund the expansion of Jomo Kenyatta International Airport (JKIA).

• Sh15-Sh20 billion will be allocated from the National Infrastructure Fund for JKIA's expansion.
• The funding model involves equity participation from the National Infrastructure Fund and domestic institutional investors.
• This initiative marks the first major project financed through the new model, utilizing proceeds from the Sh106.3 billion sale of a 65 percent stake in Kenya Pipeline Company.