22 July 2014

Kenya Gets Sh293 Million for Comesa Integration

KENYA has received €2.47 million (about Sh293 million) grant to support integration programmes with the 19-member Common Market for Eastern and Southern Africa trading bloc.

The funding was advanced by European Development Fund Regional Integration Support

Mechanism through the Comesa Adjustment Facility.

A statement from the Lusaka-based Comesa secretariat said the Treasury Secretary Henry Rotich approved the grant on July 15 following a successful request to the Fund's ministerial committee in September 2013..

Kenya has now drawn €4.234(about SH502 million) the CAF facility as it got €1.764(about Sh209) million last year.

The statement did not specify the projects to be funded through the EU cash.

Last year's funding, Comesa statement said,has helped eliminate non-tariff barriers and, set up a coordinating committee and secretariat dealing with regional integration matters at the national level.

Copyright © 2014 The Star. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.