This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
This Website Uses Cookies By closing this message or continuing to use our site, you agree to our cookie policy. Learn MoreThis website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
Kenyan roads officials say plans for the first toll road in sub-Saharan Africa to be built under a public-private partnership have “collapsed” after the prime financier’s “integrity concerns” about a concession partner have led it to back out of the deal, although the challenged partner, the Austrian construction firm of Strabag SE, denies the plan is dead.
Franklin Bett, the Kenyan roads minister, said in a press conference on Feb. 7 that the toll- road plan, “as envisaged through the consortium, has collapsed.”