AfDB to lend Sh17.5bn for Nakuru-Nairobi road as 10 financiers line up

Nnenna Nwabufo Director-general for East Africa at African Development Bank (AfDB). PHOTO | POOL

The African Development Bank (AfDB) will lend Sh17.5 billion towards the construction of the Nairobi-Nakuru highway, making it one of the ten financiers lining up to fund the project.

The funding represents about 10 percent of the Sh180 billion required for the upgrade of the project.

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