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European Union States in new financing plan, set aside Sh333b for Vision 2030

Europe is changing the way it finances development in Kenya, a move it says will make its member States more accountable, controlled and coordinated.

The Head of Development, European Union in Nairobi, Eric Habers says nine European Union members are jointly pooling resources to fund development projects in Kenya to the tune of €3 billion (Sh333 billion at the current exchange rate) spread over the next three years.

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