Kenya, E. Africa trade lobby sign 12 mln USD deal to fund infrastructure


By UnreguserYang Zhen
  • World
  • Wednesday, 04 Nov 2020

NAIROBI, Nov. 3 (Xinhua) -- Kenya and the East African trade promotion lobby, TradeMark East Africa on Tuesday signed a 1.31 billion shillings (about 12 million U.S. dollars) agreement to fund regional infrastructure projects to help boost trade.

Ukur Yatani, cabinet secretary of the National Treasury, told journalists in Nairobi that the grants will finance infrastructure projects that will facilitate trade and unlock the economic growth of Kenya, Uganda, Rwanda, Burundi and to a wider extent the Democratic Republic of the Congo.

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