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UAE fund unveils Sh3 5bn investment deal in Kenya

Khalifa Fund for Enterprise Development Offers $30 Million to Support Kenya SMEs

Emirates News Agency - Khalifa Fund For Enterprise Development offers US$ 30 million to support SMEs in Kenya

NAIROBI, 6th August, 2022 (WAM) In implementation of directives of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, the Khalifa Fund For Enterprise Development (KFED) and National Treasury & Planning Ministry in the Republic of Kenya have signed a AED 110 million (US$ 30 million) financing agreement to empower the Kenyan Youth Enterprise Development Fund. Signed in the attendance of President Uhuru Kenyatta of Kenya by Alia Al Mazrouei, CEO of KFED, and Ukur Kanacho Yatani, Cabinet Secretary, National Treasury & Planning Ministry,.

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