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Kenya’s new infrastructure fund is long overdue – but design flaws could limit its impact

By Odongo Kodongo, Associate professor, Finance, University of the Witwatersrand

Kenya is laying the ground for an infrastructure fund which will raise money for new projects – such as roads, energy and ports – through public-private partnerships, privatisation proceeds, and institutional capital. We asked Odongo Kodongo, a project finance expert, to unpack the potential risks and rewards of this strategy – and where it falls short.

Why now?

Kenya is weighed…

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