India Extends $250 Million Loan to Kenya
On 5th December, 2023, during discussions between Indian Prime Minister and Kenyan President, India announced a soft loan of $250 million to Kenya for its agriculture sector, signalling deepening ties between the two nations, with discussions spanning issues from economic collaboration to the potential acquisition of Kenyan cheetahs.
Key Points
- The loan is aimed at providing a financial boost to Kenya's agriculture industry, enhancing productivity and promoting economic growth.
- Kenya offers land to Indian companies and institutions for crop cultivation, including millets, in accordance with Kenyan laws, fostering agricultural cooperation between the two nations.
- The Indian government committed to encouraging Indian companies ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
World Watch
- 1 Algeria Joins New Development Bank
- 2 US-Ukrainian Deal Grants Preferential Mineral Access to US
- 3 UK Transfers Sovereignty of Chagos Islands to Mauritius
- 4 Colombia Joins China’s Belt and Road Initiative
- 5 UN Peacekeeping Ministerial 2025
- 6 Golden Dome
- 7 US Approves Maritime Security Deal with India
- 8 Quad Nations Indo-Pacific Logistics Network (IPLN)
- 9 India Assumes APO Chairmanship for 2025–26
- 10 Nicaragua Withdraws from UNESCO