December 18, 2024

In a landmark partnership set to revolutionize East African infrastructure, Everstrong Capital and Lotz To Develop have joined forces to deliver the transformative Usahihi Nairobi to Mombasa Expressway.

This partnership combines the financial acumen of Everstrong Capital with the engineering and development expertise of Lotz To Develop, led by John Lotz, a trailblazer in Public-Private Partnership (PPP) toll road concessions.

“The Usahihi Expressway isn’t just a road; it’s a catalyst for economic empowerment, environmental stewardship, and technological progress,” said John Lotz, founder of Lotz To Develop.

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September 30, 2024

The Usahihi Nairobi to Mombasa Expressway will integrate climate adaptation and resilience in its development, supported by KeNHA and the Global Center on Adaptation (GCA), to secure the road corridor and transport services against key climate risks.

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August 29, 2024

Everstrong Capital, an infrastructure investment manager and the driving force behind USAHIHI, has announced an investment of $1 million in Ampersand, an electric mobility company that offers electric motorcycles with the mission to electrify transport, cut emissions, and drive sustainable growth across East Africa.

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May 23, 2024

His Excellency President William Ruto has declared the initiation of the Usahihi Nairobi to Mombasa Expressway, a new 4-6 lane dual carriage 440 km safe and efficient climate-sensitive road creating a wealth corridor between Kenya’s two largest cities. The Usahihi Expressway is brought to the forefront during President Ruto’s State Visit to the White House, alongside President Joe Biden.

The Usahihi expressway is the largest toll road project in Africa and envisions a transformative symbol of Kenya’s dedication to transparent and innovative infrastructure development, serving as a testament to the strengthened partnership between the United States and Kenya.

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May 22, 2024

The Usahihi expressway is the largest toll road project in Africa and envisions a transformative symbol of Kenya’s dedication to transparent and innovative infrastructure development, serving as a testament to the strengthened partnership between the United States and Kenya.

January 15, 2024

African Development Bank headquarters in Abidjan, Ivory Coast. PHOTO | COURTESY

The African Development Bank (AfDB) – one of Kenya’s biggest financiers – will restrict funding infrastructure projects to transport and water, in what it says will prioritize areas with the greatest potential to lift economic productivity.

The shift that will apply from this year to 2028 will see energy projects take a hit given that they are currently the third biggest beneficiaries of the pan-African lender’s portfolio in Kenya infrastructure funding.

The lender says that increased funding to the two sectors will significantly boost Kenya’s job creation agenda given the intense human labour needed to deliver the projects.

The AfDB is the second biggest multilateral lender to Kenya and had 51 ongoing projects as of July last year, currently valued at KES629.7-billion (UA3-billion). UA refers to Unit of Account which the AfDB uses as its currency and which is now equivalent to KES209 920 per unit.

“The bank will adopt a different approach to selectivity, narrowing the broad infrastructure projects to only two sectors, namely transport, and water and sanitation, to enhance productivity and competitiveness, noting that water will involve dams and irrigation that support greater agricultural productivity,” the AfDB says in a review of its Kenya funding programme.

Source: Business Daily

June 14, 2023

A US based infrastructure asset company has submitted a proposal to the Ministry of Roads and transport to develop the 450 kilometers…
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Construction of Nairobi-Mombasa Highway to take 5 years…
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Kenya to construct expressway from Nairobi to Mombasa
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