Security at the University of Nairobi is extra tight in anticipation
of Italian Prime Minister Matteo Renzi’s lecture this afternoon.
Renzi will give a speech titled “Challenges of development: Building
bridges to combat terrorism”.
Tourism is a key area of mutual benefit for Kenya and Italy with Italian
citizens putting significant invested into the coastal town of Malindi, which has been the scene of terrorist attacks in the past.
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| Terrorist threats remain high in Malindi where there is significant Italian investment |
In addition, Kenya has signed a Sh34 billion financing agreement with
Italy’s BNP Paribas and Intesa San Paolo banks for the construction of the Itare
Dam in Kuresoi.
The agreement brings Italy’s total financial assistance to Kenya to
Sh59.3 billion.
The funds will cover the entire project, which includes construction
of the dam, a tunnel, raw water treatment of 100,000 cubic meters per day and the
laying of pipes.
The dam will serve over 800,000 people in Kuresoi, Molo, Njoro, Rongai
and Nakuru town.