Sh22bn loan for water projects in Mombasa, Kisumu counties

Treasury secretary Henry Rotich. FILE PHOTO | NMG

The Treasury has secured Sh22.29 billion (€180 million) deal in concessional loans and a grant with three European agencies for water and sewerage projects in Mombasa and Kisumu.

Treasury secretary Henry Rotich Thursday announced the agreements with French Development Agency (AFD), which will provide €140m (Sh17.3bn), European Investment Bank €35m (Sh4.3bn) and a €5m (Sh619m) grant from the 28-nation European Union.

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