Why infrastructure fund sets Kenya on the path to economic transformation

Kenya's National Infrastructure Fund (NIF), capitalized with approximately Sh347 billion ($2.7 billion) from the partial privatization of Safaricom and Kenya Pipeline Company, aims to mobilize long-term equity capital for key infrastructure projects. According to James Mworia, CEO of Centum Investment, the fund has the potential to transform Kenya's economic development by creating commercially viable enterprises and stimulating economic activity across related value chains.