Kenya turns to China for $1.5 billion after Nigerian businessman Tony Elumelu’s $1 billion pledge
Billionaires Africa | 01.12.2025 16:40
Kenya is pressing ahead with a new round of infrastructure spending, less than a month after Nigerian businessman Tony Elumelu pledged $1 billion to support the country’s development plans. With demand for better roads rising and public finances stretched, the government has now turned to Chinese partners to build a $1.5 billion highway expansion meant to ease congestion on one of East Africa’s busiest corridors.
