James Mworia on plans to ease the Exchequer of Sh400bn projects funding pressure annually
Nairobi, Sept. 10 -- James Mworia took up the role of founding CEO of the newly created National Infrastructure Fund (NIF) on Monday, marking his exit from Centum Investment Company after nearly 17 years.
Through the fund, he aims to mobilise at least Sh400 billion annually to relieve the pressure of development spending on commercially viable infrastructure from the Exchequer.
Business Daily sat down with him to discuss his agenda for infrastructure development in the country.
You are banking on the growing domestic capital pools and, more so, the Sh3.1 trillion assets under management held by pension funds to crowd in on infrastructure projects. Fund managers will, however, tell you that they are worried about asset-liability mismatc...
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