Africa50 CEO visits Kenya, discusses ongoing infrastructure projects in the country

16 August 2021

Africa50 CEO Alain Ebobissé led a delegation to Kenya to hold meetings with several government officials to discuss progress on ongoing infrastructure projects. 

Speaking during a courtesy call paid on Ukur Yatani Kanacho, Cabinet Secretary of the National Treasury of the Republic of Kenya, Africa50 CEO Alain Ebobissé, reiterated the company’s commitment to supporting the country’s infrastructure development agenda.

He noted that Africa50 had been working alongside Power Grid Corporation of India Limited (POWERGRID) on the development of power transmission lines. “This project will be the first-ever power transmission project to be developed under a public-private partnership (PPP) model in Africa. It will serve as a template for future transmission projects on the continent”, he said, expressing his appreciation for Kenya’s ongoing support and trust in Africa50.

Responding, Mr. Kanacho affirmed Kenya’s commitment to Africa50 as a shareholder and pledged his Ministry’s support to the company’s work in the country. “We are committed to supporting Africa50 with your ongoing projects in Kenya and the potential ones identified”, he noted.

During the visit, Mr. Ebobissé had a call with H.E President Uhuru Kenyatta to discuss the country’s priority infrastructure projects. In addition, the delegation also met with other officials, including Joe Mucheru, Cabinet Secretary Minister of ICT, Innovation and Youth Affairs, Charles Keter; Cabinet Secretary for Energy, Christopher Obure, E.G.H, Chief Administrative Secretary, State Department of Transport; Professor Arch. Paul M. Maringa (Ph.D.), CBS, Corp. Arch, MAAk, MKIP, Principal Secretary, State Department for Infrastructure; and Charles Hinga Mwaura, Principal Secretary, State Department for Housing And Urban Development.

Accompanying Africa50’s CEO were Tshepidi Moremong, Chief Operating Officer; Carole Wainaina, Special Advisor to the CEO; Opuiyo Oforiokuma, Senior Director, Strategy and Investor Relations; Kaniaru Wacieni, Senior Investment Director; Cyndia Nguli-Kipchumba from the Investor Relations team; Eugene Awori, Hazel Ndiho and Ruskin Onyambu from the Investment teams; and Mumbi-Michelle Kimani from the Communications team.

In November 2019, Africa50 and Power Grid Corporation of India Limited (POWERGRID) signed a Cooperation Agreement to partner in the development, finance, construction, and operation of power transmission lines in Kenya. The project aims to support the government’s vision to meet Kenya’s growing electricity demand.

Media contact:

Nana Boakye-Yiadom, Africa50 Senior Communications Coordinator

+212 666 166 308; n.boakyeyiadom@africa50.com 

: Press Release

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