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State shifts approach to financing its development agenda
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Port OKs financing for Berea, Cleveland, Lakewood, Richmond Hts developments – NEOtrans
The Port of Cleveland board of directors today approved bonds for five major development projects in four communities across the region -- Berea, Cleveland, Lakewood and Richmond Heights. The total investment from the developments in these communities total more than $405 million.
State shifts approach to financing its development agenda
The government is deepening its market-based reforms by turning to securitised infrastructure bonds as a new financing model, signalling a strategic shift in how the country funds its development agenda. This approach, revealed in the June 2025 Nairobi Securities Exchange (NSE) monthly bulletin, comes at a time when fiscal pressures and a narrowing borrowing […]
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