A Dutch investment firm has agreed to provide $63 million (Sh8.14 billion) to help lower water prices from a public-private partnership (PPP)-backed project that targets Mombasa and Kilifi counties.
The National Treasury disclosures show that Invest International, a Dutch investment firm committed to providing the money in the form of a grant, which is a quarter of the Sh32.96 billion ($255 million) needed to fund the Sabaki Water Carrier Project.