The financing will also support projects to expand electrification across the country, where only about 14% of the population have access.
Expensive, scarce and unreliable electricity are major barriers to economic recovery and growth in Kenya, as in much of Sub-Saharan Africa.
In 2007, businesses in Kenya lost 6.4% of their sales due to electrical outages, according to the World Bank.
With the majority of the country’s power generated by hydroelectric dams, failing rains last year again battered the country with blackouts.
Of
