Kenya angles for Sh68 billion World Bank financing

Business
By Dalton Nyabundi | Sep 18, 2017
Some of the ships at the abandoned Kisumu port.Kenya Ports Authority is set to revive the port. PIC BY COLLINS ODUOR

Kenya is eyeing a Sh68 billion fund from the World Bank for the revival of some of the rundown lakes in the region.

 The funds will be used to revive the ports of Bukoba and Mwanza in Tanzania, Jinja Harbour and Port Belle in Uganda and Kenya’s old Kisumu Port to revive maritime trade across the vital commercial corridor in the greater East and Central African region.

Authorities in the three countries are expected to develop revival master plans to access the funds.

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