The Kenya Airports Authority (KAA) said on Wednesday it would sign a $350 million deal with an investment group from Qatar for development of a hotel and conference centre at Nairobi's international airport.

KAA said the deal would be penned on Thursday in Nairobi with Doha-based Afro Asia Investment Corporation.

The investment would be in line with an expansion programme at the Jomo Kenyatta International Airport, KAA said in a statement.

KAA officials would not give any more details of the deal, saying they would be unveiled on Thursday.

Following a visit by president Mwai Kibaki, Kenya said last month it was negotiating a $3.5 billion loan from Qatar to build a new port on the Indian Ocean island of Lamu.-Reuters