[KENYA / AFRICA] KIICO 2026: Nairobi mobilises .9 billion with 50 PPP projects

At KIICO 2026 in Nairobi, Kenya presents 50 PPP projects and signs .9 billion in deals: Nairobi-Mombasa highway (KSh 468bn), ports, geothermal energy and a spaceport in Malindi.

Kenya — Business.OI
Photo : MC G'Zay / Pexels

At the Kenya International Investment Conference (KIICO) 2026 in Nairobi, the Kenyan government unveiled nearly 50 infrastructure PPP projects, with total signed deals reaching .9 billion. Highways, ports, renewable energy, and space: Kenya is asserting itself as East Africa's reference infrastructure hub.

A massive portfolio, from design to operation

Of the 50 projects presented, 20 are grouped in an infrastructure cluster. The pipeline reveals 12 projects under feasibility study (completion expected by end-2026), 4 in procurement phase, 2 in negotiations, 1 having reached commercial closure, and 10 already in operations. Since 2013, Kenya has mobilised over billion through its PPPs, including more than 00 million in the last fiscal year alone.

Flagship projects

The Nairobi-Mombasa highway (461 km) is estimated at KSh 468 billion, easing one of East Africa's most congested commercial corridors. The Mau Summit-Malaba corridor (243 km, KSh 130 billion) will complement this network. Mombasa and Lamu port infrastructure represents KSh 195 billion. Energy is well covered with Suswa geothermal (KSh 39.8 billion), Kibuka Falls hydropower (KSh 156 billion). More surprisingly, a commercial spaceport in Malindi is valued at 24 million.

Why it matters

Kenya is leveraging domestic African capital — pension funds and insurance assets now exceeding trillion at continental level — rather than relying solely on external donors. This is exactly the model being promoted by the Africa PPP 2026 summit scheduled in Nairobi in November. By attracting .9 billion at KIICO, Nairobi sends a clear signal: African infrastructure can and must be financed from within the continent.

Source: Kenyan Wall Street / L'Economiste Maghrebin — July-August 2026

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