NSSF Kenya Makes More Infrastructure Investment Moves

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The Kenya National Social Security Fund announced that it was considering investing in the proposed Rironi-Mau Summit Road, further diversifying into infrastructure investment.Chief Executive Officer David Koross defended the planned investment, saying that it would generate sustainable returns for Kenyan savers, as well as ease traffic flow on the Nakuru Highway.

The road would operate as a toll facility for a period of time to enable the NSSF kenya recoup its investment. Koross also noted that the project has “social impact”. NSSF General Manager for Finance and Investments Ronald Nyamosi also defended the investment, saying that such projects deliver stable, long-term returns, the same way government bonds do, but with more economic and social value.

The Rironi-Mau Summit Road is a 175-kilometre section of the A8 highway that is currently being upgraded from a two-way single carriageway into a modern dual carriageway. President William Ruto launched construction of the road in November last year, with a completion date of June 2027, under a Public-Private Partnership (PPP) implementation arrangement.