Kenya Procurement News Notice - 24466


Procurement News Notice

PNN 24466
Work Detail First published23/10/2019 Financing has been secured to pay for upgrading work for the road connecting Kenol, Sagana and Marwa in Kenya. The 84km route includes a stretch of the A2 road and will be widened to dual carriageway status, with two lanes in either direction and a central divider, rather than one lane in in either direction at present. Funding is being provided by the African Development Bank (AfDB) in the shape of loans worth US$237 million. The AfdB’s loan package will pay for around 69% of the work, with the People’s Bank of China and the Africa Growing Together Fund (AGTF) of the development bank providing a further 12%.
Country Kenya , Eastern Africa
Industry Financial Services
Entry Date 26 Oct 2019
Source https://www.worldhighways.com/categories/auctions-equipment-supply-servicing-finance/news/financing-secured-for-kenya-road-upgrade/

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