Home Business World Bank approves Sh16bn loan for roads, clean water

World Bank approves Sh16bn loan for roads, clean water

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[Source: Business Daily, by Lynet Igadwah]

The World Bank has approved a Sh16.2 billion ($150 million) loan for Kenya to upgrade infrastructure and improve access to basic services in slums.

The loan targeting 1.7 million residents will go to provision of clean water, street lighting, improved roads and sanitation in urban informal settlements.

The funds come at a time people living in slums are grappling with congestion, disease outbreak and fires, amid the Covid-19 pandemic.

“Rapid urbanisation and an increasing share of the poor living in urban areas has…

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