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CS signs Financial Agreement with OPEC Fund President Dr. Abdulhamid Alkhalifa

CS signs Financial Agreement with OPEC Fund President Dr. Abdulhamid Alkhalifa.

CS Hon. FCPA John Mbadi this evening during the 2025 IMF-World Bank Spring Meetings in Washington D.C. signed a EUR 60 million financial agreement with OPEC Fund President Dr. Abdulhamid Alkhalifa for the Economic Transformation and Green Recovery Support Programme (ETGRSP).

The policy-based loan will support the implementation of Vision 2030 initiatives and the Bottom-Up Economic Transformation Agenda (BETA). Projects under this partnership include:

  1. Kenyatta National Hospital (KNH) Burns & Paediatrics Centre.
  2. Rural Electrification in five Regions.
  3. Bura Irrigation Scheme.
  4. Kenya Electricity Expansion.
  5. Urban Roads Phase 1 Project in Wajir