Kenya eyes $150 million AfDB loan for power

Kenya eyes $150 million AfDB loan for power

Kenya eyes $150 million AfDB loan for power

Kenya is seeking a Ksh21.66 billion ($150 million) loan from the African Development Bank (AfDB) to connect homes to electricity under the third phase of the Last Mile Connectivity project.

The AfDB disclosed that the Treasury has applied for the $150 million in a review of the programme to be rolled out before the end of this year to light up an estimated 150,000 homes in 45 counties that exclude Nairobi and Mombasa.

For more information, please see https://www.theeastafrican.co.ke/tea/business/kenya-eyes-150m-afdb-loan-for-power-4342978

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