Anonymous16 days ago
Kenya's President Ruto has signed the National Infrastructure Fund Bill into law, aiming to mobilize KSh 5 trillion ($38.7 billion) over the next decade by channeling pension fund assets, privatization proceeds, and institutional capital into highways, railways, and airports. The proposal to tap the country's KSh 2.81 trillion pension pot has drawn fierce criticism over governance risks, political interference, and the danger of using workers' retirement savings to plug an infrastructure deficit in a country whose debt already exceeds 67% of GDP.