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India loans Kenya Ksh10B for agriculture mechanisation

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Kenya has received a 10 billion shilling credit facility from India to aid in mechanising agriculture. The deal was signed during a bilateral talks session between the two countries, led by President Uhuru Kenyatta and Prime Minister Narendra Modi, in New Delhi, India. Further, Kenya is looking to increase the number and value of exports to India through shifting the export base from agriculture and mineral based raw products to value added manufacturing products. This is aimed at a partnership with India in technology transfer to increase Kenya’s capacity to add value to its natural products.

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