The World Bank announced on September 8 it has granted new financing worth $750 million to Kenya. The financing is part of the Horn of Africa Gateway Development Project (HoAGDP) which seeks to boost integration in East Africa through the development of regional transport corridors.
The resources will finance the modernization of 365 km of the regional Isiolo-Mandera road corridor (which crosses Kenya's Northeast region) and 30 kilometers of spur roads. This work will be complemented by the implementation of border management systems and the construction of border posts to facilitate trade, the provision of basic socio-economic infrastructure for communities living along the corridor, institutional strengthening, and emergency response measures in the event of disasters or catastrophes during the project period.
Through this program, the authorities hope to attract new investment to the region, boost regional trade, and create jobs. By improving the movement of people and goods, digital connectivity, and access to social services, it is expected to benefit more than 3.2 million people living in Kenya's Northeast region.
“The potential of Northeastern Kenya, as a transit and regional trade facilitation zone is presently not fully exploited. This transformative project will integrate the region and enhance security, inclusion, and a sense of equity, which the communities living in this underserved region of Kenya have desired for a long time,” said Josphat Sasia, a senior expert at the World Bank.
The program also includes the installation of an optical fiber cable along the 740 kilometers of the entire Isiolo-Mandera corridor with branch lines for local communities.
Moutiou Adjibi Nourou
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...
Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...
AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...
Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...
Global battery storage capacity rose 40% year-on-year to 108 GW in 2025. Installed capacity expanded more than elevenfold compared with 2021...
Botswana and Zimbabwe to sign seven agreements covering trade, SMEs, tourism and environmental cooperation Leaders meet in Harare under Bi-National...
Kenya and Italy signed a 2026–2029 action plan to expand cooperation across political, economic, and technological sectors. Bilateral trade rose...
Senegal and Sierra Leone signed a bilateral treaty in mining and energy on April 20 in Dakar. The agreement focuses on resource exploration, energy...
The Virunga Gorilla Marathon is a relatively recent initiative held in the Virunga region, a volcanic mountain range straddling the borders of the...
Lomé is hosting the 9th edition of the International Film Festival of Togo (FIFTO) featuring 33 films. The event promotes African storytelling in...