Kenya receives infrastructure loan

A US$265.2 million loan is being provided by the African Development Bank (AfDB) to the Kenyan authorities for infrastructure work. Kenya’s Finance Ministry said that the loan will be used to improve the road network as well as to improve energy infrastructure. With this latest loan the AfDB has supplied Kenya with funds worth close to $1.5 billion for road improvements and energy infrastructure work.
April 25, 2012 Read time: 1 min
A US$265.2 million loan is being provided by the 1586 African Development Bank (AfDB) to the Kenyan authorities for infrastructure work. Kenya’s Finance Ministry said that the loan will be used to improve the road network as well as to improve energy infrastructure. With this latest loan the AfDB has supplied Kenya with funds worth close to $1.5 billion for road improvements and energy infrastructure work.

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