The Kenya National Highways Authority (KeNHA) has approved a comprehensive feasibility study for the proposed 485-kilometre Nairobi–Mombasa Expressway, marking a major step toward one of Kenya’s most ambitious infrastructure projects.
Submitted by Everstrong Capital in partnership with Usahihi Expressway Limited, the 2,300-page report has been hailed as the most detailed and transparent feasibility study ever presented to the agency. The study covers the technical, financial, legal, environmental, and socio-economic aspects of the project.
The expressway, dubbed the Usahihi Nairobi–Mombasa Expressway, has now been declared “investment-ready and execution-worthy.” According to Everstrong senior advisor Kyle McCarter, this milestone signals a transformative moment for Kenya’s infrastructure ambitions. “Thanks to the most detailed and transparent feasibility study ever submitted to KeNHA. This milestone marks a turning point for Kenya’s infrastructure development,” McCarter noted.
The $3.6 billion project, structured as a public-private partnership (PPP), is designed to drastically reduce travel time between the capital Nairobi and the port city of Mombasa—from over 10 hours to just 4.5 hours. The expressway is expected to significantly enhance road safety, facilitate regional trade, and create tens of thousands of jobs.
Financially, the project breaks new ground. Leading global financial institutions, JP Morgan and Standard Bank, are organizing the funding, which includes $1.1 billion in expected backing from the US government through the US Export-Import Bank and the US Development Finance Corporation. Notably, up to $1 billion in local debt will be raised from Kenyan pension funds, insurers, SACCOs, and Islamic finance groups under the CPF-led Pack Hunters Club.
With KeNHA’s nod and the National Treasury’s PPP Unit expected to follow suit, the project is now nearing financial close. Groundbreaking is targeted for the first quarter of 2026.
Everstrong Capital emphasized that the feasibility study demonstrates Kenya’s readiness for global investment with “zero debt and maximum impact,” positioning the country as a model for smart, transparent infrastructure development.
