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The EU, TradeMark East Africa and AFD boost regional trade in the horn of Africa

Christian Yoka, Directeur régional pour l'AFD en Afrique de l’Est, et le Président de Trademark Eeast Africa, Amb. Erastus Mwencha, ont signé une convention de subvention de 29,9 millions d'euros
© AFD

TradeMark East Africa (TMEA) and Agence Française de Développement (AFD), signed this afternoon a €29.9 million (approx. USD 35.5 million) grant agreement to contribute to more sustainable and inclusive regional economic integration in the Horn of Africa. The funding comes from the European Union, who delegated it to AFD via a €32 million total financing agreement, signed one week earlier between the two parties.