Pressure piles on Treasury for Infrastructure Fund autonomy

Auditor-General Nancy Gathungu when she appeared before the National Assembly committee on April 15, 2025.

Photo credit: Dennis Onsongo | Nation Media Group

Experts have flagged gaps in the proposed law that seeks to create a National Infrastructure Fund (NIF), warning that they expose the endowment to risks of political patronage and financial leaks.

The State in January published the National Infrastructure Fund Bill 2026, which targets to create an NIF to mobilise Sh5 trillion by crowding-in private capital by leveraging up to Sh10 for every shilling invested.

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