Deputy President Rigathi Gachagua has signed a deal with the European Union (EU) that will provide Kenya with Sh11.4 billion (72 million Euros) in funding.
The deal, signed by Deputy President Rigathi Gachagua and European Commission President Ursula von der Leyen in Brussels, Belgium, focuses on several crucial areas, including environmental sustainability, digital inclusion, good governance, peace, and stability.
Deputy President Gachagua, representing President William Ruto at the Global Gateway Summit, expressed his appreciation for the partnership between Kenya and the EU, saying that this grant will play a vital role in Kenya’s development and improve the overall well-being of its citizens.
“We welcome this momentous agreement, which will be implemented according to the outlined priorities for the Multi-annual Indicative Programme 2021-2027. This partnership represents a significant step towards a brighter future for the people of Kenya,” stated Gachagua.
He further underlined Kenya’s commitment to nurturing its relationship with the EU, stressing the Ruto administration’s dedication to strengthening existing ties with the union.
“We reiterate our collective commitment to this partnership. Together, we work towards a future where the connections between Kenya and the European Union continue to thrive, bringing positive change and shared prosperity,” Gachagua added.
The funding provided by the EU will support the implementation of priority projects in several key sectors, including the Green Transition (focusing on environmental sustainability and resilience), Leave No One Behind (emphasizing human development and digital inclusion), and Democratic Governance, Peace, and Stability.
This substantial financial injection is poised to drive progress and enhance the living conditions of the Kenyan people.