NAIROBI, March 1 (Xinhua) -- Kenya and the African Trade and Investment Development Insurance (ATIDI), a risk-mitigation institution of African countries, on Friday signed a memorandum of understanding on jointly identifying, developing and implementing renewable energy projects across Kenya.
Under the agreement, independent power producers in Kenya who sell their electricity to state-owned power utilities will receive financial guarantees, said Manuel Moses, chief executive officer of ATIDI.
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