State turns to Infrastructure Fund for Sh30bn energy projects
Government decision follows freezing of Kenya freeze on electricity tariffs hike...
✨ Key Highlights
Kenya's National Treasury is turning to the newly established National Infrastructure Fund (NIF) to finance Sh30.9 billion in energy sector projects, including vital upgrades to the national electricity grid, for the fiscal year starting July 1.
- The NIF will be the primary source of funding for these projects, a move necessitated by the freeze on electricity tariff reviews.
- Key allocations include Sh7.5 billion for national grid upgrades, Sh20.2 billion for rural connections, and Sh3.2 billion for alternative energy sources.
- Treasury CS John Mbadi announced the funding strategy during the 2026/2027 Budget presentation, highlighting the fund's role in financing capital-intensive projects without accumulating more debt.
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High Court Freezes Appointment of Three KETRACO Directors Pending Hearing - June 2026
The Employment and Labour Relations Court has halted the duties of three newly appointed members to the Kenya Electricity Transmission Company (Ketraco) board, with the court's decision coming pending the hearing and determination of a petition challenging their appointments. The High Court issued a temporary injunction freezing their appointment and suspending any resolutions made with their participation. Meanwhile, Kenya's National Treasury is turning to the newly established National Infrastructure Fund (NIF) to finance Sh30.9 billion in energy sector projects, including vital upgrades to the national electricity grid, for the fiscal year starting July 1.
