Home National Northern counties bet on Sh81bn road to spur trade

Northern counties bet on Sh81bn road to spur trade

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Business Daily | by Samuel Baya

The successful negotiations for the Sh81 billion credit facility between Kenyan and the World Bank (WB) to finance the Horn of Africa Gateway Development Project (HoAGDP), a section of the 395km road from Isiolo to Mandera has elicited hopes from the region’s leaders.

Last Tuesday, the World Bank board of directors approved $750 million (Sh81 billion) in International Development Association (IDA) financing for the project aimed at improving movement of people and goods, digital connectivity and access to social services…

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