Kenya inks Sh17bn loan to redesign city road junctions

Nairobi City skyline. FILE PHOTO | NMG

Kenya has signed Sh17.4 billion loan from the Korean government to finance the establishment and improvement of road junctions to ease traffic flow within Nairobi.

The government moved to the Korean Export and Import Bank for the long-term loan which taxpayers will service to January 29, 2061.

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