Treasury CS Mbadi Defends National Infrastructure Fund as Kenya Seeks Alternatives to Borrowing

John Mbadi has defended the newly enacted National Infrastructure Fund law, saying the initiative will help Kenya reduce its reliance on borrowing to finance major development projects. Speaking during a widows’ empowerment programme in Kuria East Constituency in Migori County, Mbadi said the new financing model is designed to ease…

Kenya Airports Authority Denies Adani Group’s Involvement in JKIA Expansion

The Kenya Airports Authority (KAA) has dismissed reports linking India’s Adani Group to the planned modernisation and expansion of Jomo Kenyatta International Airport (JKIA). In a statement issued on Tuesday, KAA clarified that the Indian conglomerate has no role in the multi-billion-shilling project, following the cancellation of an earlier Privately…