National Infrastructure Fund — mechanism to mobilise infrastructure financing through domestic capital and public-private partnerships, targeting Sh5 trillion over a decade.
… President Ruto explained that tax incentives for projects implemented through public-private partnerships and the National Infrastructure Fund will lower delivery costs, accelerate implementation and support efforts to progressively reduce the country's debt burden. …
… He also welcomed the government's push to position Kenya as a meetings, incentives, conferences and exhibitions (MICE) destination through investments such as the proposed Bomas International Convention Centre and the newly launched National Infrastructure Fund. …
… He also welcomed the government's push to position Kenya as a meetings, incentives, conferences and exhibitions (MICE) destination through investments such as the proposed Bomas International Convention Centre and the newly launched National Infrastructure Fund. …
… ring an interview on Spice FM, on Tuesday, June 23, Water and Sanitation Principal Secretary Julius Korir said the government is expanding harvesting systems to capture seasonal rainfall and reduce recurring floods and drought cycles.He noted that the National Infrastructure Fund …
… "We are seeking a share of the already operationalised National Infrastructure Fund as a conditional grant that would finance cities and municipalities to be engines of growth and economic development by harnessing investments," Macharia said.
… The push has been informed by Kenya’s ambition to mobilise funds for critical development projects owing to the formation of the Sovereign Wealth Fund (SWF) and the National Infrastructure Fund (NIF). …
… Now, heads of municipalities in counties are seeking a share of funds collected through the National Infrastructure Fund (HIF) to develop infrastructure, promote economic development and attract investment.This follows concerns over inadequate funding facing dozens of municipalit …
… bilateral meetings with heads of state and government, with talks expected to cover manufacturing, renewable energy, infrastructure, agribusiness, housing, healthcare, digital services and value-added exports, as well as investment prospects under the National Infrastructure Fund …
… The alternative financing for roads was also highlighted under the Public-Private Partnerships (PPPs) and the National Infrastructure Fund, with the Rironi-Mau Summit given as an example. …
… State House spokesperson Hussein Mohamed in a statement on Monday, June 15, said the president would also push for financing opportunities for Kenyan businesses under the National Infrastructure Fund.The G7 groups Canada, France, Germany, Italy, Japan, the United Kingdom and the …
President William Ruto has increased the duty-free allowance for returning travellers from Ksh.39,000 to Ksh.260,000 when assenting to the Finance Bill 2026, aiming to address concerns from Kenyans living and working abroad and other visitors.
President William Ruto has increased the duty-free allowance for returning travellers from Ksh.39,000 to Ksh.260,000 when assenting to the Finance Bill 2026, aiming to address concerns from Kenyans living and working abroad and other visitors.
Kenya's hospitality industry is counting on major infrastructure projects, including expansion of Jomo Kenyatta International Airport, sports facilities and conference infrastructure, to boost tourism and business travel. Investments such as the Nairobi Expressway and preparations for the 2027 Africa Cup of Nations, which Kenya will co-host, are expected to increase visitor arrivals and hotel occupancy rates.
Kenya's hospitality industry is counting on major infrastructure projects, including expansion of Jomo Kenyatta International Airport, sports facilities, and conference infrastructure, to boost tourism and business travel. A hotel manager noted that projects such as the Nairobi Expressway and Talanta Sports City Stadium have improved accessibility, and preparations for the 2027 Africa Cup of Nations co-hosted by Kenya are expected to increase visitor arrivals.
Kenya is accelerating water storage and harvesting projects as officials warn that nearly half of treated water is lost before reaching consumers through leakages, illegal connections and billing gaps. The National Infrastructure Fund has identified 50 dam projects aimed at boosting domestic supply, irrigation and industrial use.
According to the Ministry of Trade and Industrialization, 90 per cent of manufacturing is concentrated in six counties, while the remaining 41 lack adequate infrastructure including reliable water, power, and raw materials needed to attract investment and drive industrial growth.
Kenya is rallying African support to host the world's second-largest stock market in Nairobi, with government officials unveiling plans for the inaugural Africa Capital Week from August 31 to September 4 as part of President William Ruto's push for a reformed global financial architecture and efforts to enable NASDAQ to enter the continent.
County governments are warning of a crisis in urban centres as rural-urban migration strains services, and municipal heads are now seeking a share of the National Infrastructure Fund to develop infrastructure and promote economic development. According to the Chair of the County Executive Committee Members in charge of Lands and Planning, 50 per cent of Kenya's population will be living in urban areas within the next 20 years, with the urbanisation rate having reached 3.4 per cent.
President William Ruto is travelling to Evian, France for the G7 Leaders' Summit, where he will champion Africa's economic agenda and push for reforms to the global financial system. He received a personal invitation from French President Emmanuel Macron and will present Africa's common position as shaped during the Africa Forward Summit in Nairobi last month.
Treasury Cabinet Secretary John Mbadi delivered the 2026-27 budget speech at Parliament, addressing cost of living, employment, and growth, while highlighting achievements in economic growth, agriculture, health, and housing. The opinion piece critiques the budget's presentation and notes missing indicators such as productivity.
President William Ruto has departed for France to attend the Group of Seven Leaders' Summit, where Kenya—invited alongside Brazil, India and South Korea—will press for reform of the global financial system, lower borrowing costs for African economies, expanded trade and investment access, and continental positions on artificial intelligence governance. On the summit's sidelines, Ruto is scheduled to hold bilateral meetings with heads of state and engage technology company executives from OpenAI, Google, Microsoft, Meta and Anthropic to seek partnerships for job creation and digital infrastructure investment in Kenya.
The government has defended its fiscal strategy, saying the national budget deficit remains a concern but is gradually declining compared to last year. Treasury is introducing alternative financing measures, including the National Infrastructure Fund, to bridge the gap.
President William Ruto has challenged African businesses to focus on trading within Africa rather than overseas, stating the continent is becoming a major frontier for trade and investment. Addressing a Kenya-South Africa Business Forum in Johannesburg alongside South African President Cyril Ramaphosa, Ruto said the two nations must lead in building integrated value chains under the African Continental Free Trade Area, noting bilateral trade between Kenya and South Africa reached about $680 million in 2025.
Presidents William Ruto and Kassym-Jomart Tokayev agreed to translate trade and investment ties into concrete commercial partnerships during a business forum, laying out a roadmap for cooperation in trade, energy, logistics and technology.
Deputy President Kithure Kindiki said President William Ruto has directed him and four Cabinet Secretaries to convene talks with matatu owners, operators, manufacturers, and other petroleum-dependent industries to address the rising fuel price crisis, which Kindiki attributed to the ongoing conflict involving Iran.
Amsons Group, a Tanzanian investor, describes recent acquisitions in Kenya's cement sector—including a 69% stake in East African Portland Cement and controlling stakes in Bamburi Cement—as part of broader bilateral economic cooperation between Kenya and Tanzania, citing a skilled Kenyan workforce and strong market demand for infrastructure.
Kenya's Public Private Partnership (PPP) portfolio has reached Sh1.7 trillion across 51 projects in infrastructure sectors including transport, energy, water, and digital connectivity. Ten projects are already under implementation while forty-one remain at various stages of the PPP project cycle, as the government seeks private sector participation to bridge infrastructure financing gaps.
Kenya is increasingly positioning Public Private Partnerships at the centre of its infrastructure financing strategy amid growing development demands and public finance pressure. The Kenya PPP Symposium 2026 convened government officials, institutional investors, banks, and private sector players to discuss infrastructure investment mobilisation and private capital participation.
Parliament recently enacted the National Infrastructure Fund (NIF) Act, targeting a minimum mobilisation of Sh5 trillion over the next decade by leveraging domestic capital and public-private partnerships instead of foreign commercial debt. If well managed, the fund could attract both local and international private investment and open partnerships with Sovereign Wealth Funds to accelerate infrastructure project completion.
During a development tour of Laikipia, President William Ruto said the government is implementing inclusive development programmes to ensure no community or region is left behind, committing that Laikipia County will not be marginalised any longer.
President William Ruto declared that the era of discrimination and marginalisation in Kenya is over, committing to inclusive development programmes. During a tour of Laikipia County, he announced major investments including Sh15 billion for affordable housing and markets, and Sh4 billion for a Nanyuki–Doldol road project.
Civil society groups led by the Kenya Human Rights Commission and Okoa Uchumi campaign have petitioned Parliament to compel the government to publicly release the International Monetary Fund Governance and Corruption Diagnostic Report for Kenya within 30 days. The groups argue the report, which examines systemic governance weaknesses and corruption vulnerabilities, is of significant public interest as Kenyans face rising taxes and concerns over public debt management.
President William Ruto declared he is not afraid of his opponents and will not engage in insults, saying his administration has initiated tangible development programmes. He challenged opponents to produce their development scorecards at election time and announced development allocations for Murang'a including Sh600 billion for affordable housing, Sh27 billion for 5,000 housing units and 25 modern markets, and programmes for milk coolers and coffee factory modernisation.
Civil groups under the Okoa Uchumi Campaign are calling for Parliament to withdraw the Sovereign Wealth Fund Bill 2026, citing insufficient public participation and lack of safeguards against political misuse. The groups argue the Bill should be preceded by a Sessional paper and require robust ring-fencing provisions and oversight protections before passage.
Deputy President Kithure Kindiki has called on local and global investors to invest in Kenya's newly formed Infrastructure Fund, which targets crowd-funding over 5 trillion shillings to modernize airports, roads, seaports, and railways over the next 20 years. The fund aims to crowd in 10 dollars of private investment for every one dollar of public investment.
President William Ruto has identified a need to increase Kenya's electricity generation capacity from 3,300 to 10,000 megawatts within 5 to 7 years to support industrialization, linking the urgency to Kenya's deals with Big Tech firms including a Ksh130 billion geothermal-powered data center agreement signed during his 2024 US visit with Microsoft, G42, and EcoCloud. Ruto also announced that airport construction to replace Jomo Kenyatta International Airport will begin in June at a cost of KSh180 billion, with funding from the National Infrastructure Fund and the private sector.
An opinion piece argues that Kenya's National Infrastructure Fund should focus on digital infrastructure as a foundational investment for the future, alongside climate resilience and early-warning systems, to bridge the digital gap and unlock fiscal space for other public goods.