The Kenyan government has invited international development lenders such as Japan International Cooperation Agency, China Exim Bank, and the African Development Bank, among others, to finance a $2 billion expansion of its main airport in Nairobi, nine months after it cancelled a deal with India's Adani Group, after its founder was indicted in the United States.

 It has been reported that the East African nation, which is seeking new ways to finance infrastructure projects due to sharply rising debt, will also issue a securitised bond for 175 billion Shillings ($1.36 billion) locally and abroad next month for road construction.

Thami Ngubeni spoke to Francis Sang, an economist based in Kenya

The Kenyan government has invited international development lenders such as Japan International Cooperation Agency, China Exim Bank, and the African Development Bank, among others, to finance a $2 billion expansion of its main airport in Nairobi, nine months after it cancelled a deal with India's Adani Group, after its founder was indicted in the United States.
&nbsp;It has been reported that the East African nation, which is seeking new ways to finance infrastructure projects due to sharply rising debt, will also issue a securitised bond for 175 billion Shillings ($1.36 billion) locally and abroad next month for road construction.
Thami Ngubeni spoke to Francis Sang, an economist based in Kenya

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.