African Export-Import Bank (Afreximbank) remains committed in supporting sustainability and growth of trade in Kenya through the financial support of trade expansion opportunities.
During a courtesy call on Hon Betty Maina, Cabinet Secretary Ministry of Industrialisation, Trade and Enterprise, Kenya, Ms Kanayo Awani, Managing Director, Intra-African Trade Initiative, African Import-Export Bank said in interest of achieving desires of the African Continental Free Trade Agreement, AFREXIMBANK remains committed towards actualizing earlier discussion with the Kenya Government, on strategically supporting the expansion the industrial parks in particular the Athi River Export Processing Zone, and the Kisumu Special Economic Zones, once it will have been set up.
Already, Ms Awani confirmed, AFREXIMBANK has given an OFFER LETTER for the financing of road works expansion, improvement of sewerage systems and general infrastructural development at the Athi River EPZ. Feasibility study for the Kisumu SEZ is ongoing and once completed, AFREXIMBANK will crystallize the kind of engagement needed therein, with the Kenya Government.
Hon. Betty Maina, Cabinet Secretary, on her part, reiterated Kenya Government’s commitment in embracing the Country’s relationship with the Bank, further expressing a desire to fully further understand other viable products offered by AFREXIMBANK, towards enhancing intra and extra trade opportunities for the Continent.
Present during the courtesy call alongside the Cabinet Secretary was Dr. Wilfred Marube, Chief Executive Officer – Kenya Export Promotion and Branding Agency and Ms. Serah Kimani, Technical Advisor, Trade & Enterprise Development at the Ministry of Industrialization, Trade & Enterprise Development, while Ms. Awani was accompanied by Afreximbank Director/Global Head for Communications and Events Management as well as Mr. Kudakwashe Matereke, Regional Chief Operating Officer (East Africa), Afreximbank