Why infrastructure fund sets Kenya on the path to economic transformation

President William Ruto affixes the presidential seal to the National Infrastructure Fund Bill after assenting to it at State House, Nairobi.

Photo credit: Pool

The National Infrastructure Fund (NIF) can perhaps best be understood through its own origin. The Fund has been seeded from the partial monetisation of two of Kenya’s most successful enterprises - Safaricom PLC and Kenya Pipeline Company.

Its establishment marks one of the most significant developments in Kenya’s economic architecture in recent decades. For the first time, the country has a dedicated institution capable of mobilising long-term equity capital, attracting private investment and developing nationally significant infrastructure through commercially viable enterprises.

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