Funds from Kuwait, Saudi Arabia and the UAE to pay for Kenyan road

A loan from Saudi Arabia will help fund construction of a major road link in Kenya. The US$27 million package is being provided on a 30 year loan by the Saudi Monetary Fund. This will be used to help pay for a $130 million project to build the new Mudogashe-Nunow road with work commencing in 2014.
Finance & Funding / September 16, 2013
A loan from Saudi Arabia will help fund construction of a major road link in Kenya. The US$27 million package is being provided on a 30 year loan by the Saudi Monetary Fund. This will be used to help pay for a $130 million project to build the new Mudogashe-Nunow road with work commencing in 2014. The remainder of the funding required for the project will be supplied by sources in Kuwait and the UAE.
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