PPP

The Treasury has updated on the proposed 461-kilometre Nairobi-Mombasa Expressway, confirming its advancement into the Public Private Partnership (PPP) procurement phase. The Kenya National Highways Authority (KeNHA) will serve as the contracting authority, with the transaction advisor proposal report set for official publication on April 30.

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An investment fund structured by IG4 Capital with BTG Pactual won the auction for the Educa Minas project, a public-private partnership for school infrastructure in the state. The winning bid offered R$ 22.3 million monthly, a 14.1% discount on the reference value. The deal covers 95 schools across 34 municipalities, benefiting 70,000 students.