Uganda-Kenya road link finds funds

Funding for improvements to a major road connection between Kenya and Uganda will be provided by the African Development Bank (AfDB). In all US$253 of financing will be provided for the road improvement work to the 118km stretch of road. The Kenyan side of the project will receive funding worth $147 million while the Ugandan side will receive $106 million. This will pay for close to 90% of the costs associated with the project, with the remainder being paid for by the Kenyan Government and the Ugandan Gover
May 3, 2017 Read time: 1 min

Funding for improvements to a major road connection between Kenya and Uganda will be provided by the 1586 African Development Bank (AfDB). In all US$253 of financing will be provided for the road improvement work to the 118km stretch of road. The Kenyan side of the project will receive funding worth $147 million while the Ugandan side will receive $106 million. This will pay for close to 90% of the costs associated with the project, with the remainder being paid for by the Kenyan Government and the 1073 Ugandan Government for the respective sections in their territory. Included in the work will be a bypass around the Kenyan town of Eldoret.

Finance & Funding Road Structures

For more information on companies in this article

Related Content

January 25, 2018

Uganda-Kenya link to be upgraded

An upgrade is planned for the road connecting Uganda with Kenya at the Suam-Bukwo-Kapchorwa border crossing. The majority of the project costs will be paid for by a loan package worth US$94.5 million being provided by the African Development Bank (AfDB). The remaining $11.2 million needed for the work will be paid by the Ugandan Government. The project should take 36 months to carry out and will involve improving the 118km road that runs from Kapchorwa in Uganda to Kitale in Kenya.
boombox1

Highlighted Content

boombox2