Alain Ebobissé: Africa50 CEO on use of private money to build infrastructure

Alain Ebobissé, the Chief Executive Officer of Africa50.

Photo credit: Joseph Barasa | Nation Media Group

African Development Bank-backed, Africa50, and India’s PowerGrid Corporation inked Kenya’s first Public Private Partnership (PPP) for building high voltage electricity transmission lines.

They will build 230 kilometres of transmission lines in the Rift Valley and western Kenya for Sh40.4 billion and recoup their investments via power bills over the next 30 years.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.