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China Eximbank will fund Kenya’s mapping of geological resources if ongoing talks succeed. A source privy to the closed-door meetings disclosed to The Standard that the talks are at an advanced stage.
And if China agrees to Kenya’s request, it will also be a Chinese Company that will be contracted to do the exercise. Kenya, through the ministry of mining, is said to have presented a request funding to a tune of Sh7 billion to carry out the exercise which China has given a nod to.
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