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Browsing: viable trade
- The three-year $3 billion programme will support viable trade and related investments in Kenya in both private and public sectors.
- It will be implemented using loans, guarantee facilities, trade services, investment banking and advisory services.
- The financing will also go to the creative arts sector through the Kenyan government’s youth empowerment programme.
The Afreximbank is rolling out a $3 billion program aimed at spurring Kenya’s economic growth. The three-year programme by the African Export-Import Bank will support viable trade and trade-related investments in Kenya’s private and public sectors.
The financing will be implemented using several instruments including loans, guarantee facilities, trade services, investment banking and advisory services.
The memorandum was signed on 2 May 2023 in Nairobi by National Treasury Cabinet Secretary Professor Njuguna Ndungu alongside Afreximbank Chairman Professor Benedict Oramah in the presence of President William Ruto.
Digitise government services
“This programme is a step forward in our economic …
