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Kenya Sees More than $4.5 Billion in World Bank, EU Funding for Energy, Infrastructure

Kenya Sees More than $4.5 Billion in World Bank, EU Funding for Energy, Infrastructure

JOHANNESBURG--July 1, 2014--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Despite the threat of turmoil and terrorism, Kenya's medium-term development and energy future is looking bright, with large onshore and offshore oil and gas discoveries with major potential, and the support of international and government financing to build crucial infrastructure projects.

Within this article: Details on funding support from the European Commission, which was extended to 16 African countries under a European Fund program.