The Head of State and the Millennium Challenge Corporation (MCC) have signed a Sh8.7 billion second threshold program agreement to improve urban connectivity and ease the transition to e-mobility. The deal was signed on the sidelines of the ongoing United Nations General Assembly (UNGA) in New York.
“Mobility in Nairobi is very important to us. The city has 5 million people during the day and 4 million at night, so this means there are 1 million people who come every day, posing a very significant challenge to the infrastructure. The bus transport system is a very important component,” said Ruto.
“Today’s signing ceremony marks an exciting milestone in the growing partnership between Kenya and the United States.”
The funding is aimed at providing support to climate-friendly buses for the emerging Bus Rapid Transit (BRT) network that will ease traffic congestion in Nairobi.
MCC Chief Executive Officer Alice Bright termed the grant as one of the “largest and most ambitious threshold programs” that the firm has ever offered with any partner country.