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Originally published by Kenyans
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March 13, 2026
2h ago

Ruto Approves Creation of New Fund

Ruto Approves Creation of New Fund

Ruto expects to borrow Ksh125 billion through the new fund this year, and up to Ksh390 billion to fund the expansion of the SGR to Malaba...

✨ Key Highlights

President William Ruto has approved the creation of the Railway Development Levy Fund (RDLF), a new vehicle to accelerate infrastructure funding and securitisation.

  • Over Ksh35 billion collected through the Railway Development Levy (RDL) will be channelled into the fund.
  • Key figures involved include President William Ruto and the Treasury.
  • The fund will allow future RDL collections to be used for borrowing through 'securitisation', potentially unlocking significant funding for railway projects, including the Standard Gauge Railway (SGR).

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