The African Development Bank (AfDB) has approved a US $228 million loan to the Government of Kenya to rehabilitate the 172-kilometre road linking the town of Isebania on the border of Tanzania with the town of Ahero, an axis located southeast of Lake Victoria.  According to a news release posted on the AfDB website, the renovation of this route will facilitate trade between Kenya and Tanzania, while the social aspects associated with the project will accelerate the socio-economic development of the regions along the road, benefitting nearly two million people.

The Isebania-Kisii-Ahero Road forms part of the Sirari Corridor, a major trade and transit route linking Tanzania, Kenya and South Sudan. It serves as the main trade route between Mwanza port (Tanzania), Kisumu port (Kenya), and onward to Juba (South Sudan).

The project is estimated to cost US $280.26 million, and is co-financed by the African Development Bank Group (81.4%), EU-Africa Infrastructure Trust Fund (4%), and the Government of Kenya (14.6%).

To find out more about the construction industry in Kenya, click here to view ConstructAfrica's Kenya Construction Market Report.

Source: www.constructafrica.com

Posted on : 04 Apr,2016