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Originally published by The Standard
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March 18, 2026
4h ago

What's wrong with the National Infrastructure Fund?

What's wrong with the National Infrastructure Fund?

When the government established the National Infrastructure Fund, it pitched the initiative as Kenya's ticket to first-world status in record time, mirroring the economic rise of Asia's four tigers...

✨ Key Highlights

Kenya has launched the National Infrastructure Fund (NIF), aiming to attract up to Sh5 trillion over a decade for national infrastructure projects. However, experts are raising concerns about its implementation and potential vulnerabilities.

  • With up to Sh5 trillion expected from investors and sales of state corporations.
  • Development economist Sheilah Olang has highlighted a lack of oversight, drawing parallels to corruption issues in Malaysia.
  • Concerns also surround project selection, regional balance, and executive influence over the fund's governance, despite assurances from the National Assembly.

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