August 14, 2018

France gives Kenya €120 million for cheap power connections

France gives Kenya €120 million for cheap power connections

Kenya will get Sh13.8 billion from France for power connections under the Last Mile Connectivity project.

Under the deal signed during President Uhuru Kenyatta ongoing visit to France, Sh10.4 billion (€90 million) will be given as a loan while Sh3.4 billion (€30 million) will be a grant.

The country is undertaking an ambitious electricity connection plan under the project which will see Kenya Power connect households within 600 metres of targeted 5,320 transformers countrywide at half price.

These connections will cost of Sh15,000 compared to Sh35,000 previously. Kenya Power is targeting 314,200 homes under the first phase which is jointly financed by the government and African Development Bank. Read more

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