Nairobi, 31 May 2022 – The Head of the African Development Bank Group, Dr. Akinwumi Adesina, will visit President Uhuru Kenyatta today at the start of a four-day official visit to Kenya.
Dr Adesina, who arrived in Nairobi this morning, will also meet other senior government officials, including the Cabinet Secretary, National Treasury and Planning, Ambassador Ukur Yatani Kanacho, who is also the Governor of the African Development Bank Group. development for Kenya.
Adesina will also meet with members of the diplomatic corps in Kenya and representatives of the Bank’s international development partner countries to discuss opportunities for continued collaboration.
Adesina will visit the Kenol-Sagana-Marua Highway Improvement Project, part of the Kenyan section of the Trans-African Highway from Cape Town to Cairo, which is being upgraded to facilitate intra-African trade.
The African Development Bank is co-financing the 84 km Kenyan section of the highway with 178 million euros. The other donors are the Africa Growing Together Fund (31 million euros) and the government of Kenya (49 million euros).
The Kenol-Sagana-Marua highway was a single-lane asphalt road. It is currently being transformed into a two-lane carriageway to facilitate traffic flow.
The African Development Bank’s Managing Director for Eastern Africa, Nnenna Nwabufo, said, “The road will reinforce the Kenyan government’s efforts to improve the quality of life of the Kenyan people.
It will reduce travel time, expand markets across national borders and boost rural productivity in the project regions.
It will also foster an enabling environment for the private sector and attract foreign direct investment.
The highway connects Nairobi to major commercial and agricultural towns in central, north-eastern and northern Kenya.
Scheduled to be completed in 2024, it will improve the flow of goods and services and boost trade between Kenya’s central and eastern counties and Nairobi.
The highway will facilitate regional integration as it will connect the Isiolo-Moyale Corridor, which connects Kenya to Ethiopia, as well as the Isiolo-Mandera Corridor, which connects Kenya to Somalia. The African Development Bank is also financing sections of these corridors.
The African Development Bank began its operations in Kenya in 1967. As of April 2022, it had committed a total of $6.3 billion to the country, mainly in the energy, transport, agriculture sectors and social services (health, education, water and sanitation) and in economic governance.