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    TMEA Signs KSh1.38 Billion Financial Agreement with Finland

    Eunniah
    By Eunniah Mbabazi
    - March 04, 2021
    - March 04, 2021
    African Wall StreetTrade
    TMEA Signs KSh1.38 Billion Financial Agreement with Finland

    TradeMark East Africa (TMEA) has signed a KSh1.38billion financial agreement with Finland, seeking to support regional trade and the fight against the global coronavirus pandemic.

    Through this funding, TMEA will be able to increase support to governments to adopt ICT for Trade systems. It will also improve on results achieved in previous programmes funded by Finland and other development partners over the last ten years, including the development of the passenger terminal at Mombasa Port.

    Finland’s support to TMEA’s Safe Trade, which is being implemented in ten countries, will enable continuous efforts to provide essential services at the crucial entry and exit points while keeping front line border workers safe.

    In June last year, The European Union also signed a KSh599Million grant with Trademark East Africa (TMEA) for safe trade, aimed at helping key borders open while preventing the spread of COVID-19, with support from the Netherlands, Ireland, Finland, and Denmark.

    See Also:

    EU Signs KSh599 Million Grant With Trademark East Africa

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