EU Grants Kenya Ksh 11.4 Billion Boost
The European Union has granted Kenya more than Ksh.11.4 billion (72 million Euros) to support the green transition priority areas of environmental sustainability, digital inclusion, good governance, and peace and stability.
By an agreement signed by Vice President Rigathi Gachagua and European Commission President Ursula von der Leyen in Brussels, Belgium on Wednesday, the funds will be used to enhance programs in the identified important economic sectors.
The Vice President, who is representing President William Ruto at the Global Gateway Summit hosted by the EU in Brussels, praised the collaboration between Kenya and the EU, stating that the grant will assist in the development of the country and the improvement of the welfare of the people.
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“Kenya welcomes this statement of signature which will be realized through the outlined priorities for the Multi-annual Indicative Programme 2021-2027. This collaboration marks a pivotal stride towards a brighter future for the Kenyan people.
“As we implement the Global Gateway, we are confident that sustainable development, security, and prosperity will rightfully take center stage in our development cooperation narrative going forward,” he said of the deal signed at the sidelines of the Global Gateway Forum 2023.
Mr. Gachagua stated that Kenya anticipated a continued partnership with the EU. He added that the Ruto administration was eager to strengthen existing connections with the EU.
“I reaffirm our collective dedication to this partnership. Together, we strive towards a future where the bonds between Kenya and the European Union continue to flourish, bringing about positive change and shared prosperity,” the DP added
EU Grants Kenya Ksh 11.4 Billion Boost
