The development will include flood mitigation measures spanning 11 acres, a new climate resilient market building with trading spaces for up to 1,500 traders, solar power, fire protection systems, and improved waste management, including water supply systems.
AfCRA is expected to reduce the cost of credit ratings for African countries and businesses, increase their access to capital markets, and ensure a fairer representation of their creditworthiness.
Mukunda said that the reduction in the resource envelop from the current 72 trillion to next year’s 57 Trillion Shillings is the realistic thing to do, because there would be no resources available to finance it anyway, according to him.
Nebert Rugadya · author