ITARE successfully arranged the funds (€ 392 million) for the Konza Technopolis Project, the first smart city in Kenya. The project involved a pool of international banks (Intesa San Paolo, UniCredit, and Société Générale) and SACE. The project’s financial structure is composed of an export credit facility, which is fully granted by SACE, and an uncovered commercial loan. This competitive financing package emerged as the winner out of an international competitive bidding process and it was crucial to secure the award of Phase 1 of Engineering, Construction, Procurement, and Financing of Konza Infrastructure to the Italian contractor, ICM. Konza Technopolis is a flagship Kenya Vision 2030 and aims to be a sustainable, world-class smart city and major economic driver for Kenya.