Fresh hope as Ruto witnesses signing of Sh30 billion Likoni Dongo Kundu SEZ funding deal after six-year delay
Cabinet Secretary for Roads and Transport Davis Chirchir, Kenya Ports Authority Managing Director Capt. William Ruto, President William Ruto, President and CEO of the African Export-Import Bank (Afreximbank) Prof Benedict Oramah tour the port of Mombasa during the signing of the Dongo Kundu Special Economic Zone lease agreement between the KPA and Afreximbank.
More than six years after the Mombasa Dongo Kundu Special Economic Zone (SEZ) was commissioned as an economic hub, little progress has been made on the ground due to a lack of funding.
However, there is now light at the end of the tunnel after the government entered into an agreement with the African Export-Import Bank for financing.
