Mama Ngina Drive Waterfront was officially commissioned by President Uhuru Kenyatta on Monday.
With this project, Mombasa will join great cities around the world that have been weaved around waterways.
An update from the Department of Trade, Tourism and Investment said waterfront cities such as London, Dubai and Cape Town are among the most toured global hubs.
"Our city will be in great company with San Francisco and her famous Fisherman’s wharf, a melting pot of tourism activities on the West Coast of America," read the update.
In Africa, Mombasa joins other cities such as Durban with its famous Golden Mile waterfront that is the epicentre of tourism activities in the South Africa.