Sep 20 2024
Kenya negotiating Sh32.2 billion loan from India - CS Mvurya

Kenya negotiating Sh32.2 billion loan from India - CS Mvurya
Kenya and India are negotiating a Sh32.2 billion (Usd250 million) loan facility to boost trade between the two nations, Investment, Trade and Industry CS Salim Mvurya has announced. Mvurya revealed that the two countries have been discussing how they can expand trade activities and open more areas of investment. The CS further announced that India has already given Kenya a separate loan of Sh1.9 billion (Usd15 million) to support Micro, Small and Medium Enterprises (MSMEs).
Photo Courtesy of The Star