How Sh200bn mini budget cash will be shared
Junior secondary schools, National Government-Constituencies Development Fund, roads, drought-hit populations, and farmers are the biggest winners.
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Junior secondary schools, National Government-Constituencies Development Fund, roads, drought-hit populations, and farmers are the biggest winners.
AIIM, Africa’s largest dedicated infrastructure private equity manager, has committed to invest $34m into Kenya’s Road Annuity Programme through its pan-African AIIF4 Fund.
The State collects Sh18 per litre of petrol and diesel under the Roads Maintenance Levy Fund (RMLF) Act for road construction.
A record 64 nominations have been received for the landmark annual event in African banking, which takes place on the sidelines of the AfDB Annual Meetings in Accra on 25 May.
International law firm Clifford Chance alongside Kenyan counsel Bowmans Coulson Harney advised the commercial bank lenders on the financing of road Lots 15 and 18 of the Kenya Annuity Road Programme.