×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Kenya joins Asian Infrastructure Investment Bank with new development funding

President William Ruto (left) during a meeting with Asian Infrastructure Investment Bank President Jin Liqun in China. [PCS]

Kenya has officially joined the Asian Infrastructure Investment Bank (AIIB) as a fully paid member.

President William Ruto said the move will enable the country to access concessional funding for various development projects, including infrastructure, climate change efforts, connectivity, regional cooperation and technology-enabled projects.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in