Kenya Signs AfDB Sh18 Billion Road, Dam Loan

27 January 2014

Nairobi — The National Treasury on Monday signed loan and protocol grants agreements with the African Development Bank (AfDB) amounting to Sh18.6billion for the Thwake multi-purpose dam and Outer Ring road projects.

The Nairobi Outer Ring road project which will take Sh8.3 billion of the funds, involves the improvement of the existing single carriageway road, to a two-lane dual carriageway from Thika road at GSU Headquarters to the Eastern bypass roundabout, Embakasi.

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