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Home»Business & Finance»Kenya Plans $969 Million of Short-Term Borrowing for Roads
Business & Finance

Kenya Plans $969 Million of Short-Term Borrowing for Roads

mychabi2013By mychabi2013January 26, 2026No Comments1 Min Read
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Kenya Plans $969 Million of Short-Term Borrowing for Roads
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www.bloomberg.com

Kenya intends to secure 125 billion shillings ($969 million) in short-term syndicated loans this year to finance road construction. The government plans to refinance this debt later by issuing long-term bonds backed by a dedicated fuel levy. This strategy aims to bridge immediate infrastructure funding gaps while establishing a sustainable repayment structure through levies on fuel consumption.



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