EIB TO INVEST IN KENYA’S JOMO KENYATTA AIRPORT

BY KEITH NUTHALL THE EUROPEAN Investment Bank (EIB) has started financing a major planned upgrade of Jomo Kenyatta International Airport, in Nairobi, Kenya, which will boost its annual capacity from 2.5 million to 9.3 million passengers. The EIB will be co-financing the project with US dollars USD99 million, alongside USD93 million from France's Agence Francaise de Developpement. The European Union bank has started releasing USD6 million earmarked for minimising disruption during this major upgrade, which will rehabilitate terminals 1, 2 and 3 and the arrivals ...


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