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Time for Kenya to incorporate an infrastructure development bank
An aerial view of Nairobi skyline on January 25, 2024. Creating a Kenya Infrastructure Development Bank would be a bold step to transform financing and set a regional benchmark.
Kenya is at a pivotal moment in its development journey. With growing demand for high-quality infrastructure in energy, transport, housing, water, health, education, housing and ICT, the country faces a widening financing gap.
Despite efforts to attract both public and private investments, project delivery often lags due to limited access to long-term capital and fragmented institutional support.