Multilateral Investment Guarantee Agency (Miga), the World Bank’s insurance arm, is looking to guarantee companies that are angling for the Sh55 billion contract to build the Nairobi-Nakuru Highway, top officials said.
Miga vice-president and chief operating officer Vijay Iyer said the agency hopes to ride on the project to diversify away from current concentration in energy sector and to break the three-year drought that has characterised its work with the private sector in Kenya.
