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Kenya receives KES 11.5 billion EU grant for development projects

Brian Murimi by Brian Murimi
October 26, 2023
in News
Reading Time: 1 min read

Kenya has received a KES 11.5 billion grant from the European Union at the Global Gateway Forum 2023 held in Brussels, Belgium on Wednesday.

The grant is part of the EU’s Multiannual Action Plan 2023-2024 under the Neighbourhood Development and International Cooperation Instruments. The funds will support the implementation of priority projects focused on green transition, human development and democratic governance in Kenya.

Deputy President Rigathi Gachagua accepted the grant on behalf of President William Ruto and expressed gratitude to the EU for its financial commitment to Kenya’s development agenda.

The grant will fund projects under three key pillars: environmental sustainability and resilience as part of the green transition; human development and digital inclusion under the theme “Leave No One Behind”; and democratic governance, peace and stability.

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“On behalf of President William Samoei Ruto and the People of Kenya, we are immensely grateful to the European Union for being true to their commitment of financial support to our development agenda,” Gachagua said.

The Global Gateway Forum brings together political, economic and private sector leaders to discuss partnerships between the EU and the rest of the world. This year’s forum in Brussels focused on developing connections in digital, climate, energy, transport, health, education and research.

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Brian Murimi

Brian Murimi

Brian Murimi is a journalist with major interests in covering tech, corporates, startups and business news. When he's not writing, you can find him gaming, watching football or sipping a nice cup of tea. Send tips via bireri@thesharpdaily.com

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