– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Top News
IMF Says Cameroon Growth Outlook Weakens as Debt Distress Risk Remains High
Cameroon Secures $391 Million World Bank Loan for Douala-Bangui Economic Corridor
Nigeria Domestic Gas Supply Exceeds 2 billion cubic feet per day as Output Expansion Grows
Egypt, South Africa Launch Joint Business Council to Boost Trade and Investment
Dangote’s $16 Billion Lamu Refinery Faces Fresh Legal Challenge
Ghana Awards 5G Spectrum License to Telecel as Government Ends Exclusive Wholesale Model
Airtel Money Sets London IPO Price at £1.96, Valuing Business at $7 Billion
IFC Targets New Financing Platforms to Mobilize Private Capital in Nigeria
AfDB to Launch Initiative to Help African Countries Improve Credit Ratings
Zambia Cuts Policy Rate by 250 Basis Points to 10.75% as Inflation Eases
South African Reserve Bank Appoints World Bank Economist to Monetary Policy Committee
Ghana Draft Mining Bill Would Give State Veto Rights Over Key Transactions
Gabon Plans $580 Million Dollar Bond Sale Two Months After $920 Million Eurobond
Mozambique Holds Key Rate at 9.25% as Central Bank Moves to Boost FX Supply
Dangote Awards Honeywell $300 Million Contract for Planned Kenya Refinery
SUBSCRIBE
– Business, Finance, Markets & Economic News
Subscribe
– Business, Finance, Markets & Economic News
  • Home
  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech
Copyright 2026 - All Right Reserved
Home » Aviation » Kenya Awards Chinese Firm $1.2 Billion Contract to Expand Nairobi Airport
Aviation

Kenya Awards Chinese Firm $1.2 Billion Contract to Expand Nairobi Airport

by Emmanuel Ebube June 24, 2026
written by Emmanuel Ebube June 24, 2026
FacebookTwitterLinkedinEmail
92

NAIROBI, June 24 – The Kenyan government has signed a 154.2 billion Kenyan shilling (about $1.2 billion) agreement with China Road and Bridge Corporation to undertake a major expansion of Jomo Kenyatta International Airport, reinforcing the country’s ambition to strengthen its position as East Africa’s leading aviation hub.

The agreement was announced by Cabinet Secretary for Roads and Transport, Davis Chirchir who said the project will significantly increase the airport’s capacity while modernising key aviation infrastructure.

Under the project, annual passenger handling capacity will increase to approximately 22 million passengers from the current 7.5 million, positioning the airport to accommodate growing regional and international air travel demand.

The expansion will include the construction of a new passenger terminal, supporting operational facilities, upgrades to existing airport infrastructure, and improvements to both airside and landside operations.

You Might Be Interested In
  • African Airlines Record Higher Load Factors in April as Passenger Traffic Grows

According to the government, the project is designed to improve operational efficiency, enhance passenger experience and strengthen Kenya’s competitiveness as a regional transport and logistics hub.

The agreement follows the cancellation of a previous airport expansion deal awarded in 2024 to India’s Adani Group. That agreement was terminated after legal developments involving the company’s founder in the United States.

The new partnership marks the revival of one of Kenya’s most important infrastructure projects as the government seeks to accommodate rising passenger volumes and support long-term economic growth.

Kenya faces increasing competition from regional aviation hubs, particularly Ethiopia and Rwanda, both of which have invested heavily in expanding airport infrastructure to attract international airlines and transit passengers.

By significantly increasing capacity and modernising airport facilities, Kenya aims to reinforce Nairobi’s position as a key gateway for business, tourism and trade across Africa.

The airport expansion also aligns with the country’s broader infrastructure development agenda, which seeks to improve transport connectivity, facilitate international commerce and support economic integration across the East African region.

Read Next

  • Dangote, Ruto to Break Ground on $16 Billion Kenya Refinery as East Africa Seeks Fuel Security

    September 30, 2026
  • Oil Near Seven-Month High as US-Iran Tensions and Nuclear Talks Drive Market Risk

    February 24, 2026
  • Ivory Coast Expects Cocoa Production to Rebound Above 2 Million Tons in 2025/26 Season

    May 22, 2026
  • Botswana Central Bank Hikes Rates to 5.5% as Inflation Set to Jump After Energy Shock

    April 30, 2026
  • Ghana Holds Interest Rate at 14% as Global Tensions Raise Inflation Risks

    July 23, 2026

Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

African Economy Inc. Logo

About Us

We are a business and economic intelligence platform delivering in-depth reporting, analysis, and insights on markets, companies and economic developments across Africa.

Our Company

  • AEI Intelligence
  • About
  • Editorial Standard
  • Partnerships
  • Advertise With Us
  • Careers
  • Ownership

News

  • Economy
  • Business
  • Markets
  • Finance
  • Credit Ratings
  • Policy
  • Tech

Useful Links

  • Privacy Policy
  • Terms of Use
  • Closed Captioning Policy
  • Accessibility Statement
  • Personal Information
  • Data Tracking
  • Register New Account

Subscribe Newsletter

Subscribe to our newsletter for trusted insights on Africa’s economies, markets, and business.

©2026 Majons Media Inc. All Rights Reserved.

Facebook Twitter Instagram Linkedin
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
– Business, Finance, Markets & Economic News
  • Economy
  • Business
  • Markets
  • Banking & Finance
  • Energy
  • Tech
  • Policy