The African Development Bank (AfDB) has exited a multibillion-shilling renewable energy project in Nairobi’s Kibera slum due to multiple delays in procuring services to kick-start the venture.
The continental lender had in January 2018 awarded Asticom Kenya Limited a $995,000 (Sh128.8 million at the current exchange rate) grant for the planned 12 megawatt (MW) Kibera Waste-to-Energy Plant.