Kenya Rushes to Get $4 Billion of Infrastructure Loans Approved for the “Big Four” Projects

President Uhuru Kenyatta at State House, Nairobi, in September 2019. Image: PSCU

The government is in a race against time to secure new loans amounting to $4.1 billion to fund President Uhuru Kenyatta’s ambitious “Big Four” projects that include food security, manufacturing, affordable housing, and affordable healthcare. 

Where’s the Money Going to Come From?

  • The Kenyatta administration is seeking loans from the following to fund the Big Four: African Development Bank ($907m), China ($837m), Japan ($799m), World Bank ($491m), AfD ($295m), South Korea ($153m), and Germany ($147m).

Analysts believe Kenyatta is especially eager to fund the Big Four projects it’s widely believed he sees these initiatives as his legacy but the accompanying debt may also be a lasting reminder of the president’s tenure in office.

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by Eric Olander

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