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Kenya, US investment manager agree Sh471bn Nairobi-Mombasa Expressway deal

Nairobi Expressway

Nairobi Expressway along Waiyaki Way, Westlands.

Photo credit: Pool I Nation Media Group

By  Reuters

NAIROBI, May 23 - Kenya's highways authority and U.S. infrastructure investment manager Everstrong Capital have signed a $3.6 billion (about Sh471 billion) agreement to build a 440 km (273 miles) highway between the capital and port city Mombasa, the company said on Thursday.

A bigger highway between Mombasa and Nairobi has been on the wish list of successive governments aiming to ease congestion on the busy road to and from the port.

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