Kenya has secured a KSh 43.5 billion loan from the African Development Bank Group to finance key development projects aimed at boosting economic growth.
The agreement provides critical funding for infrastructure initiatives that are central to the country's development strategy.
The loan comes as Kenya continues to pursue large-scale infrastructure investments to support long-term economic expansion.
The financing is part of a broader effort to modernize the country's physical capital and improve connectivity.
This development adds to a series of significant infrastructure commitments in Kenya.
The country recently signed a $1.2 billion agreement with China Road and Bridge Corporation to significantly expand capacity at its main international airport in Nairobi, a project designed to nearly triple the facility's annual passenger handling capacity.