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Kenya, neighbours turn to Lapsset crowdfunding
AU representative for Infrastructure Raila Odinga (second right) with Kenya, Ethiopia, and S. Sudan officials during the MoU signing. PHOTO | LABAN WALLOGA
Kenya and its landlocked neighbours, Ethiopia and South Sudan, will use crowdfunding to raise the billions of shillings required to build infrastructure linking their economies.
In a memorandum of understanding (MoU) signed by ministers to speed up implementation of the Lamu Port-South Sudan-Ethiopia-Transport (Lapsset) Corridor project, the States have also agreed on joint budgetary allocation.
