JUST IN: Mbadi Secures Ksh9 Billion for Key Infrastructure Projects, Welcomes World Bank Hub in Nairobi
Kenya has secured a major financial boost for its development agenda after Treasury Cabinet Secretary John Mbadi signed a Ksh9 billion (EUR 60 million) loan agreement with the OPEC Fund for International Development during his visit to the United States on April 22, 2025. The funding will go toward supporting national priorities under the Vision 2030 strategy and the Bottom-up Economic Transformation Agenda (BETA). In a statement released the following day, Mbadi confirmed the deal, saying, “Signed a EUR 60 million financial agreement with OPEC Fund President Dr. Abdulhamid Alkhalifa for the Economic Transformation & Green Recovery Support Programme. The policy-based loan will support the implementation of Vision 2030 &
The post Mbadi Secures Ksh9 Billion for Key Infrastructure Projects, Welcomes World Bank Hub in Nairobi appeared first on Nairobi Wire. Read More