A financial agreement worth €10.5 million between the Government of Finland and TradeMark East Africa (TMEA) has been signed.
The Government of Finland, represented by its Ambassador to Kenya H.E. Erik Lundberg, reiterated its commitment to supporting regional trade and the fight against COVID-19 pandemic in the East African region.
The event was officiated by Kenya’s Ministry of East Africa and Regional Development Principal Secretary Dr. Kevit Desai and witnessed by TMEA Board Chair Amb. Erastus Mwencha, TMEA CEO Mr. Frank Matsaert and TMEA Country Director Mr. Ahmed Farah.
Through this new Finnish funding, TMEA will scale up support to governments to adopt ICT for Trade systems in key trade agencies that contribute to the successful implementation of National Single Windows. TMEA has laid frameworks and forged partnerships to support multimodal transport corridors which not only reduce costs associated with trade, but also reduce the carbon footprint of transport. Lake and rail transport produce much less emission per tonne of cargo moved as compared to road transport.