Tuesday, November 5, 2024
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Kenya secures $3.6 billion for Africa’s longest expressway

Kenya has secured a $3.6 billion for the construction of Africa’s first ever longest expressway dubbed the Nairobi-Mombasa expressway which is set to enhance its infrastructure development.

This project, set to be the longest expressway in Africa, will span 440 kilometers, connecting the capital city of Nairobi to the bustling port city of Mombasa.

The funding for this ambitious project was secured through a partnership between Kenya’s Highways Authority (KenHA) and U.S. infrastructure investment manager Everstrong Capital.

This partnership will see Everstrong Capital managing the entire lifecycle of the expressway, from construction to tolling and maintenance, under a 30-year concession agreement.

Kenya secures $3.6 billion for Africa's longest expressway www.whoownsafrica.com
An expressway impression by Usahihi Nairobi-Mombasa Expressway on its YouTube page. (Photo: Usahihi/YouTube)

The Nairobi-Mombasa Expressway, also known as the Usahihi Expressway, is expected to bring significant time and cost savings to its users, while also improving the efficiency and comfort of movement of people and goods within East Africa.

This project is a game-changer for Kenya, as it represents a major investment in the country’s transportation infrastructure.

Upon completion, the Usahihi Expressway will be the largest toll road project in Africa, serving as a symbol of Kenya’s commitment to transparent and innovative infrastructure development.

This project is a testament to the strengthened partnership between the United States and Kenya, highlighting the potential for further collaboration in future infrastructure projects.

The construction of the Nairobi-Mombasa Expressway is expected to last 3-4 years, with revenue from road users financing the project.

This Public Private Partnership model will ensure that the expressway is built and maintained to the highest standards, providing a reliable and efficient transportation link between two of Kenya’s most important cities.

The Nairobi-Mombasa expressway project details

Kenya secures $3.6 billion for Africa's longest expressway www.whoownsafrica.com
Kenya secures $3.6 billion for Africa’s longest expressway www.whoownsafrica.com

The Nairobi-Mombasa expressway project details include a range of innovative features aimed at ensuring safe and efficient transportation.

In addition to accommodating trucks, buses, and automobiles, the expressway boasts rest stops, wildlife observation points, and electric vehicle charging infrastructure powered by renewable energy sources.

The infrastructure also includes strategically located overpasses designed by environmental experts to coincide with animal migration patterns, promoting the safe passage of wildlife.

This project is seen as a significant demonstration of the power of effective planning and execution, with Amb. Kyle McCarter of Everstrong Capital Partner & Usahihi Chairman emphasizing the importance of doing things right.

The Usahihi Expressway is not just a physical infrastructure project; it is a symbol of passion, commitment, and transparency in delivering value to Kenyan citizens and the wider East Africa region.

Everstrong Capital, the investment manager behind the project, has a strong focus on advancing sustainable infrastructure development across Africa, further highlighting the positive impact of the Nairobi-Mombasa expressway.

Go to Who Owns Africa for more news from the African continent.

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