Kenya: EIB provides €60m loan for last mile project

The European Investment Bank (EIB) has announced a €60m ($65m) loan for Kenya’s Last Mile Connectivity project, a programme to better utilise the existing grid by extending the low-voltage network to households within 600 metres of existing transformers. The project aims to connect 300,000 households to the grid. The Agence Française de Développement and the European Union are also supporting the project.