Smart City – Kenya

Steady population growth coupled with the ongoing urbanization process in Africa has brought governments’ attention to urban planning. It is aimed not only at promoting social improvement and raising the quality of life but also at increasing sustainable technological progress.

Kenya has proven to be one of the most avant-garde countries on the African landscape, incorporating into its national vision development plan Vision 2030, the first Smart City in Africa, Konza, which will serve as a technological hub for the entire East African region.

The development of the first phase of the new city was assigned to a leading Italian construction company, which was assisted by ITARE in the preparation of the commercial offer, structuring and negotiation of the financial package and in the definition of the loan agreement.