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Kenya Secures Ksh 11.4 billion EU Grant for Development Initiatives

Kenya receives 11.3 billion grant from EU

The European Union has allocated Ksh.11.4 billion to Kenya to bolster priority areas of green transition, environmental sustainability, digital inclusion, good governance, and peace and stability. The agreement, inked by Deputy President Rigathi Gachagua and European Commission President Ursula von der Leyen in Brussels, Belgium, aims to fuel targeted programs in key sectors of the Kenyan economy.

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Kenya receives 11.4 billion grant from the EU
Deputy President, Rigathi Gachagua, and European Commission President, Ursula von der Leyen, during the signing of the Grant deal in Brussels, Belgium [Photo/Courtesy]

Representing President William Ruto at the Global Gateway Summit hosted by the EU, Deputy President Gachagua expressed gratitude for the collaborative effort between Kenya and the EU, emphasizing the grant’s potential to foster national development and enhance living standards.

“Kenya acknowledges the significance of this signed agreement, aligned with the priorities outlined in the Multi-Annual Indicative Programme 2021-2027. This collaboration signifies a significant step towards a promising future for the Kenyan populace.

Read Also: Kenya and European Union Trade Agreement to Benefit Kenyans

As we advance the Global Gateway initiative, we remain optimistic that sustainable development, security, and prosperity will prominently feature in our narrative of development cooperation,” stated Gachagua during the signing at the side-lines of the Global Gateway Forum 2023.

Gachagua highlighted Kenya’s commitment to sustaining its partnership with the EU, pointing out the Ruto administration’s dedication to strengthening existing bonds.

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“I affirm our collective devotion to this partnership. Together, we aim to cultivate a future where the relationship between Kenya and the European Union continues to flourish, fostering positive change and mutual prosperity,” added the Deputy President.

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