Kenya's need for infrastructure loans raises lender hopes

摘要

Africa-focused loan bankers are turning their attention to Kenya, where the World Bank estimates US$24bn of cash is needed to fund the country's infrastructure plans until 2030 and is expected to involve foreign capital. In 2008 the East African country launched the "Vision 2030" development plan, with the aim of becoming a middle-income country by 2030. Under the plan, Kenya aims to increase investment in infrastructure to boost its competitiveness, implement governance reform and fiscal devolution and increase employment and productivity in key sectors such as agriculture.