Posted on : Friday , 19th December 2014
The African Development Bank (AfDB) will lend the Kenya Government Sh12.2 billion to help pay for more than 300,000 new electricity connections. This follows the signing of a loan agreement Thursday by Treasury secretary Henry Rotich and AfDB Regional Director Gabriel Negatu to finance the implementation of the ‘Last Mile Electricity Connectivity’ project.
President Uhuru Kenyatta and Deputy President William Ruto witnessed the signing at State House, Nairobi. Energy secretary Davis Chirchir, also at the event, welcomed funding of the electricity project.
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