Kenya has secured a deal for a Sh38.3 billion loan from China to expand Kiambu Road into a dual carriageway, making it the first major debt Nairobi will tap in the past three years from Beijing that has since 2020 adopted a more cautious approach to lending in Africa.
The 25-kilometre dual carriageway, which cuts through Muthaiga, Kiambu to Ndumberi, is expected to cost $286.1 million (Sh38.3 billion), including Sh7.4 billion for land acquisition and relocation of services in a stretch dominated by car yards.
