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Originally published by Nation Businessbusiness
July 11, 2026
12h ago
State to pocket 60pc of excess profits from Rironi–Mau toll road
Move aimed at limiting Chinese firm’s potential for excessive earnings during 30-year concession period...
✨ Key Highlights
The Kenyan government will receive 60 percent of any profits exceeding an agreed threshold from the Rironi–Mau Summit toll road. This profit-sharing agreement is part of a 30-year concession for the highway.
- The State will receive 60% of earnings above the agreed 16% internal rate of return (IRR) on equity.
- Key entities involved include the National Treasury, a consortium of China Road and Bridge Corporation (CRBC) and the National Social Security Fund (NSSF), and Shandong Hi-Speed Road and Bridge International Engineering (SDRBI).
- This model replaces the demand-risk model used for the Nairobi Expressway, shifting revenue and demand risks to the private sector and avoiding minimum revenue guarantees for the State.
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