📈 Invest in Kenya's Aviation Future

Investment & Public-Private Partnerships

Kenya Airports Authority is delivering one of East Africa's largest aviation infrastructure programmes — anchored by the JKIA expansion. We welcome investors, developers, and financing partners to engage with our PPP pipeline.

JKIA Expansion PPP Active opportunities How to engage
$2B+
JKIA expansion programme value
6M+
Annual passengers across network
9.2%
Passenger traffic growth (YoY)
East Africa
Largest aviation hub by traffic

Why invest with KAA

A growing market, a strategic gateway

Kenya occupies a unique position in global aviation — a natural crossroads between Africa, the Middle East, Europe, and Asia. JKIA is East Africa's busiest airport by passenger and cargo volume, and Kenya's tourism, trade, and diaspora connectivity continue to drive sustained traffic growth.

KAA's infrastructure investment programme — anchored by the JKIA Terminal 1A expansion — represents one of the most significant aviation infrastructure opportunities in the region. Beyond the headline expansion, KAA maintains an active pipeline of PPP, concession, and direct investment opportunities across commercial, cargo, and aviation services categories.

KAA's approach to investment partnerships is grounded in transparency, alignment with Kenya's Vision 2030 infrastructure priorities, and a commitment to long-term, mutually beneficial relationships with investors and developers.

Speak with our investment team

Strategic location

JKIA sits at the natural intersection of major intercontinental air routes, well-positioned as a long-haul transit hub between continents.

Sustained traffic growth

Passenger numbers have grown consistently year-on-year, driven by tourism recovery, new route development, and Kenya's expanding middle class.

Government-backed framework

KAA's PPP programme operates under Kenya's PPP Act 2021, providing a clear, government-endorsed legal and regulatory framework for investors.

Flagship Programme

JKIA Expansion Programme

A transformational infrastructure programme to expand JKIA's terminal capacity, secure its position as East Africa's leading aviation hub, and unlock new commercial development opportunities.

In Progress · Phase 2

Terminal 1A Expansion & Modernisation

The JKIA expansion programme is delivering significantly increased terminal capacity, modernised passenger facilities, expanded retail and CIP precincts, and upgraded airside infrastructure. Phase 1 achieved international safety certification in June 2025. Phase 2 construction is underway and on schedule, with new commercial spaces — including the flagship CIP terminal opportunity — becoming available as construction phases complete.

Planning & Design

Completed 2023

Phase 1 Construction

Completed Q2 2025

2

Phase 2 Construction

In progress · On schedule

3

Commercial Fit-Out

Opportunities opening

4

Full Completion

Target 2027

Programme Value
$2 billion+
Total investment programme
Added Capacity
Significant increase
Annual passenger capacity
New Commercial Space
Expanded precinct
Retail, F&B, CIP facilities
Target Completion
2027
Full programme completion
View CIP terminal opportunity →

New commercial space

As Phase 2 progresses, new retail, F&B, and CIP space becomes available within the expanded terminal — see Business Opportunities for current listings.

Higher passenger volumes

Increased terminal capacity supports new route development and higher frequencies — growing the addressable audience for commercial concessions.

Ongoing PPP pipeline

The expansion programme generates an ongoing pipeline of infrastructure and commercial development opportunities through to full completion in 2027.

Legal & regulatory basis

PPP Framework

KAA's infrastructure investment partnerships operate within Kenya's national PPP framework, providing investors with a clear, government-endorsed legal basis for engagement.

The PPP Act, 2021

Kenya's Public Private Partnerships Act, 2021 governs all PPP arrangements involving public entities, including KAA. The Act establishes the PPP Directorate within the National Treasury, sets out approval processes, and defines the rights and obligations of public and private partners. All major KAA PPP projects are processed in accordance with this framework.

PPP models used by KAA

Build-Operate-Transfer (BOT)

The private partner finances, designs, and constructs a facility, operates it for a defined concession period to recover investment and generate returns, then transfers the asset to KAA at the end of the term.

Used for: CIP terminals, major facilities

Design-Build-Finance-Operate (DBFO)

The private partner takes responsibility across the full project lifecycle — from design through to long-term operation — typically used for larger infrastructure components with significant technical complexity.

Used for: Major infrastructure systems

Concession & Management Agreements

The private partner operates and manages an existing or newly developed asset under a concession agreement, paying KAA a concession fee. Used widely for commercial facilities and certain operational services.

Used for: Commercial concessions, parking, services

PPP project lifecycle

KAA identifies infrastructure or commercial development needs aligned with its strategic plan and conducts a feasibility study, including technical, financial, and legal assessments. Projects meeting PPP criteria proceed to the PPP Directorate for review.
The PPP Directorate at the National Treasury reviews the project proposal for compliance with the PPP Act, value-for-money assessment, and fiscal affordability. Approved projects proceed to procurement of a private partner.
KAA conducts a competitive procurement process to select a private partner, typically through a Request for Proposals (RFP) following pre-qualification. The process is open, transparent, and compliant with both the PPP Act and the Public Procurement and Asset Disposal Act.
The preferred bidder negotiates final project agreements with KAA, including the PPP agreement, financing arrangements, and any required government support agreements. Financial close marks the point at which all financing arrangements are finalised and construction can commence.
Following financial close, the private partner proceeds with construction (where applicable) and operation under the terms of the PPP agreement. KAA monitors performance against agreed standards throughout the concession period, with regular reporting requirements.

📜 Governing legislation

Public Private Partnerships Act, 2021

Public Procurement and Asset Disposal Act, 2015

Kenya Civil Aviation Act

KAA Act, Chapter 395

PPP Policy Framework Summary

Plain-language guide for investors · PDF · 1.2 MB

National Treasury PPP Directorate

For general information on Kenya's national PPP framework and the project pipeline across all government entities, visit the PPP Directorate's official portal.

Open for engagement

Active Investment Opportunities

Major infrastructure and development opportunities currently open for investor engagement across KAA's network.

Major Development · JKIA

Premium CIP Terminal — JKIA T1A Expansion Zone

EOI Open

Investor-developer-operator opportunity for a flagship premium CIP terminal within the JKIA expansion zone, serving business and first-class passengers, diplomats, and high-net-worth travellers under a BOT or concession model.

Model

BOT / Concession

Indicative scale

Major development

Status

Expression of interest

Location

JKIA T1A

Major Development · MIA

CIP Terminal — Moi International Airport, Mombasa

EOI Open

A second CIP development opportunity at Moi International Airport targeting Mombasa's leisure, business, and high-net-worth resident market — under a similar BOT or concession structure to the JKIA CIP development.

Model

BOT / Concession

Indicative scale

Significant development

Status

Expression of interest

Location

MIA · Mombasa

Infrastructure · Network-wide

Cargo Infrastructure Expansion Pipeline

Pipeline

As cargo volumes grow at JKIA and regional airports, KAA is developing a pipeline of cargo infrastructure investment opportunities including additional warehousing, cold chain capacity, and cargo terminal expansion.

Model

To be determined

Indicative scale

Multiple projects

Status

Early pipeline

Location

JKIA · EDL · MIA

Energy & Sustainability · Network-wide

Solar Power Generation — Airport Rooftop & Land Assets

Pipeline

KAA is exploring renewable energy partnerships utilising airport rooftop space and available land for solar power generation, supporting sustainability goals and reducing operational energy costs across the network.

Model

Power Purchase Agreement

Indicative scale

Multi-site

Status

Early pipeline

Location

JKIA · MIA · others

Infrastructure · Eldoret

Eldoret Cargo Hub Development

Pipeline

Supporting the growth of Kenya's horticultural export sector, KAA is considering investment partnerships to expand cold chain and cargo handling capacity at Eldoret International Airport.

Model

To be determined

Indicative scale

Mid-scale

Status

Early pipeline

Location

Eldoret (EDL)

Have a proposal?

KAA welcomes unsolicited proposals for innovative infrastructure and commercial developments that align with our strategic priorities.

Submit a proposal

The numbers

Performance Data

Key operational and financial performance indicators across the KAA network, providing context for investment decision-making.

Annual Passengers (Network)

6.2M

↑ 9.2% YoY

JKIA International Passengers

3.8M

↑ 11.4% YoY

Aircraft Movements (Network)

142K

↑ 6.8% YoY

Cargo Volume (JKIA)

298K tonnes

↑ 4.5% YoY

Active Commercial Concessions

120+

↑ 8 new this year

Airlines Operating at JKIA

40+

— Stable

On-Time Performance (Network)

82%

↑ 3 pts YoY

Total Revenue (Latest FY)

KES 28B

↑ 12% YoY

Annual Passenger Traffic — Network (millions)

Total passengers across all KAA airports, FY2020/21 – FY2024/25

Total passengers

Source: KAA Annual Reports. Figures rounded. FY runs July–June.

Detailed performance data

Detailed traffic statistics, route-level data, and operational KPIs are available in KAA's Annual Reports — see the Financial Reports section below. Prospective investors may request additional data through our investment team for due diligence purposes.

Transparency

Financial Reports

KAA publishes audited annual reports and financial statements in accordance with statutory reporting requirements.

Annual reports & financial statements

PDF

Annual Report & Financial Statements — FY2023/24

Published 15 Dec 2024 · 8.4 MB

PDF

Annual Report & Financial Statements — FY2022/23

Published 20 Dec 2023 · 7.9 MB

PDF

Annual Report & Financial Statements — FY2021/22

Published 18 Dec 2022 · 7.2 MB

Investor-specific materials

JKIA Expansion Investor Briefing — Q2 2025

Latest programme update · 3.1 MB

Network Traffic Statistics — FY2024/25

Detailed passenger & cargo data · XLSX

Corporate Strategic Plan Summary

Strategic priorities overview · 1.6 MB

CIP Terminal Opportunity Brief — JKIA

Investment opportunity detail · 2.4 MB

Detailed due diligence materials

Additional financial models, technical due diligence packs, and detailed project information for active opportunities are available to qualified investors under appropriate confidentiality arrangements. Contact our investment team to request access.

Get involved

How to Engage

Whether you're interested in a specific active opportunity, the broader pipeline, or wish to submit an unsolicited proposal, here's how the engagement process works.

1

Initial contact & information sharing

Submit an enquiry through the form, indicating your area of interest. Our investment team will share relevant overview materials and discuss the opportunity in more detail.

2

Qualification & confidentiality

For active opportunities requiring detailed due diligence materials, KAA will assess investor qualification (financial capacity, relevant experience) and execute a non-disclosure agreement before sharing confidential project information.

3

Formal process initiation

For PPP projects, formal engagement proceeds through the PPP project lifecycle described in the PPP Framework section — including PPP Directorate approval and competitive procurement. For other opportunities, KAA will advise the relevant process (e.g., formal tender via the Suppliers portal).

4

Ongoing relationship management

KAA's investment and commercial teams provide ongoing relationship management throughout the project lifecycle — from initial engagement through to operational concession management.

Unsolicited proposals

KAA welcomes unsolicited proposals for innovative infrastructure or commercial developments not currently listed as active opportunities. Such proposals are assessed against KAA's strategic priorities, and where merited, may be processed in accordance with the PPP Act's unsolicited proposal provisions.

Contact our investment team

For investment, PPP, and major infrastructure enquiries. We respond within 3 business days.

All enquiries are treated confidentially. For NDA-protected materials, our team will follow up with appropriate confidentiality arrangements.

Explore commercial opportunities too

Beyond major infrastructure investment, KAA's airports offer a wide range of retail, food & beverage, advertising, and operational concession opportunities across our network.