President William Ruto has reported that in its infrastructure financing agenda, approximately 1 billion dollars has been raised through the newly established National Infrastructure Fund within a period of four months.
The Fund is designed as a long-term domestic capital platform aimed at channeling private and institutional investment into strategic national development projects across Kenya.
According to President Ruto, the performance underscores growing investor confidence in Kenya’s evolving infrastructure financing framework and highlights the untapped potential of domestic resource mobilisation.
The Fund is part of a broader policy shift aimed at reducing reliance on external borrowing by leveraging local savings, pension funds, and private sector capital to finance development priorities.
Government Strategy: Partnering with the Private Sector
President Ruto said the government is deliberately working with the private sector to build trust, reduce investment risks, and crowd in capital into transformative public infrastructure projects.
He emphasized that the model is structured to ensure that private investors can participate securely and profitably while supporting national growth objectives.
“Our objective is simple: to create credible mechanisms through which private capital can participate securely and profitably in Africa’s growth story,” the President noted.
He added that Kenya’s experience demonstrates what is possible when governments design clear frameworks for domestic capital mobilisation and align them with long-term development planning.
The National Infrastructure Fund is expected to support key sectors including transport, energy, affordable housing, and industrial development. By pooling resources domestically, the government aims to accelerate project delivery while easing pressure on public debt and external financing conditions.
Strengthening Kenya’s Infrastructure Financing Model
The government has maintained that infrastructure remains central to its economic transformation agenda, with ongoing reforms focused on improving efficiency, transparency, and investment attractiveness.
The National Infrastructure Fund is positioned as a key pillar in this strategy, designed to bridge Kenya’s infrastructure financing gap.
