Kenya seeks Ksh.32 billion financial support from India

Kenya is seeking Ksh. 32 billion (around USD 220 million) in financial support from India to bolster various development projects. The collaboration between Kenya and India is part of a broader effort to strengthen ties, particularly in areas like trade, infrastructure development, technology transfer, and healthcare.

India has been an important economic partner for Kenya, with strong trade relations, particularly in sectors such as pharmaceuticals, engineering, and IT. Kenya aims to leverage this relationship to boost its own development agenda, with the financial support likely to be directed towards critical sectors like infrastructure, energy, and digital technology. This move is expected to deepen the bilateral cooperation between the two nations.

For Kenya, this support is also seen as part of its efforts to enhance economic growth and achieve its long-term development goals under its Vision 2030 blueprint.

Waren.com

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