Shares
The Government of Denmark, represented by its Ambassador to Kenya H.E. Ole Thonke has restated its commitment to support Green Trade and the fight against COVID-19 in the East African region. The Ambassador reinstated this during a signing ceremony of twin Financial Agreements worth Ksh.1.19 billion (USD 17.5 million).
The funding will be channeled through TradeMark East Africa (TMEA), a leading Aid for Trade organization renowned for partnering with Eastern African governments to reduce barriers to trade through automation and adoption of sustainable physical infrastructures such as One Stop Border Posts (OSBPs), ports, among others.
In the two agreements, Ksh. 1.59 million (USD 14.5 million) will support Kenya’s efforts to transition to Green Trade and creating sustainable jobs under the Denmark and Kenya Strategic Framework for 2021 to 2025. The second agreement, about Ksh. 330 million (USD 3 million) will support continued response to COVID-19 under TradeMark East Africa’s Safe Trade Emergency Facility (Safe Trade) Programme.