Infrastructure gap: How far are we from $223bn goal?

Motorists pass by the construction area of the Bamburi Junction Overpass along the Mombasa - Malindi on February 21, 2024. 

Photo credit: File | Nation Media Group

Kenya’s $223 billion infrastructure dream is slipping away. With rising debt, fuel levy securitisation, and weak project execution, the country must rethink how it funds and manages development.

According to the Global Infrastructure Outlook developed by the Global Infrastructure Hub and Oxford Economics, Kenya will need about $223 billion in infrastructure investment between 2016 and 2040 to sustain economic growth, urbanisation, and social transformation (Global Infrastructure Hub, 2023).

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