President William Ruto has intensified efforts to establish Kenya’s National Infrastructure Fund through strategic engagement with the International Finance Corporation (IFC).
The President said the government is working closely with the IFC to identify global best practices that will enable Kenya to attract multilateral and private sector capital at scale.
The proposed fund is expected to serve as a credible financing vehicle to support the country’s ambitious infrastructure development agenda.
Ruto noted that the IFC’s technical expertise will be instrumental in building a strong framework capable of mobilising up to sh5 trillion to finance critical infrastructure projects and accelerate Kenya’s transformation into a first-world economy.
The President made the remarks after meeting an IFC delegation at State House, Nairobi.
The team was led by IFC Vice-President for Africa Ethiopis Tafara and Vice-President for Products and Clients Mohamed Gouled.
The engagement signals Kenya’s continued push to leverage international partnerships to unlock long-term financing solutions for infrastructure expansion, economic growth, and job creation.
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