The President emphasized a shift in infrastructure financing strategy aimed at reducing Kenya’s debt burden while accelerating development of critical energy projects.

📻 Breaking It Down

NAIROBI, Kenya May 25 – President William Ruto has told officials at the Kenya Electricity Transmission Company Kenya Electricity Transmission Company (KETRACO) that the government will no longer rely on borrowing to finance the construction of power transmission lines, insisting instead on the use of Public-Private Partnerships (PPPs).

Speaking during a meeting with KETRACO board members in Mariakani, Kilifi, the President emphasized a shift in infrastructure financing strategy aimed at reducing Kenya’s debt burden while accelerating development of critical energy projects.

“Forget about the loans. We are not going to borrow money to build transmission lines, we’ll use PPP,” Ruto said, underscoring his administration’s preference for private sector participation in large-scale infrastructure projects.

📌 What You Need to Know

The Head of State noted that PPP arrangements would allow the government to leverage private capital and expertise while maintaining fiscal discipline, particularly in the energy sector where expansion of the national grid remains a priority.

KETRACO is central to Kenya’s electricity transmission expansion plans, including efforts to strengthen grid reliability, support industrial growth, and connect renewable energy projects to the national network.

The directive signals a continued policy shift by the government toward alternative infrastructure financing models as it seeks to balance development goals with debt sustainability concerns.

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Mbadi clarified that the Bill does not contain any provisions targeting freehold land with yearly charges, insisting that public debate around the issue is...

The Mission is seeking factual information and updates in line with Australian laws and procedures as investigations and coronial processes continue.

📰 Source: Capital FM Kenya