YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Kenya to get $45mn credit line from India to boost its manufacturing sector

Related Keywords: economically and diplomatically, four-nation tour of Africa, lends credit line to Kenya, other smaller industries, part of a policy push to make India more global player, Prime Minister Narendra Modi, revive The Rift Valley Textile Industry, Rivatex, via Export Import Bank of India

Prime Minister Narendra Modi who is on a four-nation tour of Africa that is part of a policy push to make India a more global player, economically and diplomatically on Monday extended a $45 million credit line to Kenya via India’s Export Import Bank (Exim Bank) to revive The Rift Valley Textile Industry (Rivatex) and other smaller industries.

Modi during a news conference with Kenyan President Uhuru Kenyatta said that India is Kenya's largest trading partner and the second largest investor here. There is a potential to achieve much more.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button