[Screengrab]When the government established the National Infrastructure Fund (NIF), it pitched the initiative as Kenya's ticket to first-world status in record time, mirroring the economic rise of Asia's four tigers: Singapore, South Korea, Taiwan, and Hong Kong. Up to Sh5 trillion is expected to flow into the fund over the next decade from private investors, the sale of state corporations, and investment returns. These resources are intended to finance commercially viable national infrastructure projects, including roads, rail, aviation, ports, and energy systems. But now, experts warn that the fund’s implementation, following President William Ruto’s assent to the National Infrastructure Fund Bill 2026 on March 9, presents a critical test, with early concerns emerging. Questions also surround how viable projects will be chosen and whether regional balance will be maintained.

Source: Standard Digital March 18, 2026 16:52 UTC