European Union (EU) has offered Kenya Sh11.4 billion as grant to bolster green transition, environmental sustainability, digital inclusion, good governance, peace, and stability.
This momentous deal was formally sealed in Brussels, Belgium, during a signing ceremony attended by Deputy President Rigathi Gachagua and European Commission President Ursula von der Leyen.
The allocation of these funds is directed at reinforcing and fostering programs in Kenya’s strategic economic sectors.
Gachagua, representing Kenyan President William Ruto at the Global Gateway Summit, hosted by the EU, expressed his appreciation for the collaborative spirit between Kenya and the EU.
He noted that this grant would play a crucial role in the nation’s development, ultimately enhancing the quality of life for its citizens.
Kenya welcomes this significant agreement, which aligns with the priorities outlined in the Multi-annual Indicative Programme 2021-2027. This partnership signifies a substantial step towards a brighter future for the people of Kenya,” Gachagua stated.
As the Global Gateway initiative is implemented, Deputy President Gachagua voiced his confidence that sustainable development, security, and prosperity would become the central themes in Kenya’s narrative of development cooperation moving forward.
Gachagua emphasized Kenya’s eagerness to further strengthen its partnership with the EU. The administration under President William Ruto remains committed to fortifying the existing ties and collaboration with the European Union.
“I reiterate our collective dedication to this partnership. Together, we aim to build a future where the bonds between Kenya and the European Union continue to flourish, fostering positive change and shared prosperity,” He said.