Kenya urged to unlock bankable projects to close Africa's Sh9b infrastructure gap

A section of the Nairobi expressway. [File, Standard]

Kenya has been challenged to step up preparation of bankable projects if it is to fully benefit from the billions of dollars available for Africa’s infrastructure transformation.

That was the call to action at the recent PMI Global Summit Series Africa in Kigali, where African Development Bank (AfDB) leaders and nearly 1,000 delegates cited poorly prepared projects, rather than lack of financing, as the single biggest obstacle to Africa’s growth.