The Kenyan government will from October remove university funding from the national budget as it rolls out a new market-based financing model for higher education.
Under the new arrangement, funding for public universities will be managed through a government-backed fund that will raise money from financial markets instead of relying directly on annual budget allocations.
The move is expected to provide universities with a more sustainable source of financing while reducing pressure on the national budget.
The government says the new model is designed to attract long-term investment to support higher education.
The transition marks a significant change in how universities are funded in Kenya, with the new system set to take effect from October.
More details on the structure and operation of the government-backed fund are expected as the implementation begins.
