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New fund lines up billions for investment in Kenyan sectors

Treasury Cabinet Secretary Njuguna Ndung'u. [Elvis Ogina, Standard]

The African Export-Import Bank (Afreximbank) newly created Fund for Export Development in Africa (Feda) is lining up potential investments in Kenyan agri-business and manufacturing sectors, it said this week.

It spoke after Kenya became the latest signatory to the establishment agreement of the development impact-oriented subsidiary of the pan-African lender Afreximbank.

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