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Kenya’s infrastructure deals: lessons from a decade of debt

Cheeseman, Nic / Hangwei Li
External Publications (2025)

in: Daily Nation, 16.11.2025

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We argue that following the rise of new partners such as the United Arab Emirates (UAE), Kenya’s problem is no longer access to finance, but rather the governance of finance. In other words, the question is not simply how much money the country can borrow or from whom, but whether its institutions are capable of turning loans into productive investments rather than patronage networks. As the debt burden mounts, Kenya’s ability to prevent growing options for economic partnerships from undermining domestic accountability will determine whether its infrastructure boom becomes a foundation for long-term development or a monument to short-term political ambition.

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