Kenya to spend Sh38.7bn from State asset sale on JKIA expansion

Kenya's President William Ruto addresses the Africa Forward Summit 2026 at the Kenyatta International Convention Centre (KICC), in Nairobi, Kenya on May 12, 2026. 

Photo credit: Reuters

Kenya will use Sh38.7 billion from the proceeds of Kenya Pipeline Company stake sale to expand Jomo Kenyatta International Airport (JKIA).

President William Ruto on Tuesday revealed that the country will pump the billions from the National Infrastructure Fund into the upgrade of the main Nairobi airport as he courted global investors to tap into the investment.

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