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AfDB mulls $100mln loan for Nairobi’s Jomo Kenyatta Airport

The African Development Bank is considering making a $100 million loan to the Kenya Airports Authority to fund construction of a new terminal and runway at Nairobi’s Jomo Kenyatta International Airport. AfDB estimates the cost of the project to be $770 million, including debt of $425 million. The new terminal would handle about 20 million passengers per year, up from the 7 million that the current terminal built in the late 1970’s can process currently.

Read more at Bloomberg…

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