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France seals infrastructure contracts worth over 2 billion euros in Kenya

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Staff Writer | Thursday March 14, 2019 5:55AM ET
Kenya road
Africa   That is including a 1.6 billion euro 30-year concession

France signed infrastructure contracts in Kenya worth more than 2 billion euros ($2.26 billion) on Thursday.


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That is including a 1.6 billion euro 30-year concession for a Vinci-led consortium to operate a highway between Nairobi and Mau Summit.

Renewables firm Voltalia also sealed a 70 million euro contract for two solar power plants, while an Airbus-led consortium won a 200 million euro contract for coastal and maritime surveillance.

The contracts were signed during a visit by President Emmanuel Macron, who is seeking to boost trade in the East Africa region.

 

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