AfDB to decide fate of Sh17.5bn loan for Nakuru-Nairobi road

African Development Bank headquarters. PHOTO | COURTESY

The board of the African Development Bank (AfDB) will meet next week to decide on plans to fund the construction of the Sh180 billion upgrade of the Nairobi-Nakuru highway.

The AfDB executive arm said earlier it intends to lend Sh17.5 billion towards the construction of the highway, making it one of the ten financiers lining up to fund the project.

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