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EXPLAINER: How Roads Board is using securitisation to solve funding gap

Securitisation is like borrowing from your future salary to pay today's bills, without taking a loan.

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by FELIX KIPKEMOI

News20 June 2025 - 19:30
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An ongoing road construction/FILE

With stalled road projects and unpaid contractors threatening to cripple the country’s transport sector, the government is turning to a bold solution-securitisation.

Through this model, the Kenya Roads Board (KRB) is unlocking future fuel levy revenue to settle Sh175 billion in arrears, without burdening the national budge

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