Kenya secures Ksh 20B loan from European Investment Bank

47 views · Published 28 March 2017 · 2:04 · Indexed 21 September 2026

Channel: KBC Channel 1 · 2017 · News & Politics

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Kenya has secured a 20 billion shillings loan from the European Investment Bank to finance electricity connection for more Kenyans under the last mile connectivity project. The cash will support Kenya Power connect 300,000 new customers with electricity. The loan accruing less than 2 percent in interest will be repaid in 20 years.
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