Economy

Kenya inks Brexit free trade deal with British PM

Kenya inks Brexit free trade deal with British PM”

The prime minister is on a three-country Africa visit with a large business delegation as Britain seeks to boost economic ties ahead of a bumpy exit from the European Union in March.

"UK is the largest foreign investor in Kenya and it is our ambition to be the G7's number one investor in Africa by 2022", Mrs May said. She should appreciate the fact that miraa supports the economies of Meru, Embu and many other counties.

Prime Minister Theresa May made the announcement at the Kenya-UK Business Forum held on Thursday at Strathmore University in Nairobi.

The publication further picked issue with how President Kenyatta began his address by telling May that he was glad she had honoured Kenya's invitation to see for herself how the country and the African continent has changed in the almost four decades since a UK Premier last visited.

May noted Kenyatta's call for a transition from the AU peacekeepers to stronger Somali security forces and said Britain wants the same, adding that the United Kingdom is leading efforts to ensure the AU mission receives the funding it needs.

In response to questions, Ms May endorsed South African President Cyril Ramaphosa's controversial land reform plans.

The UK will partner with the International Organisation for Migration to deliver support for up to 1,700 migrants and modern slavery victims returning to Nigeria from Libya.

Earlier today she talked about the close security and trading ties Britain has with Kenya as she appeared alongside the country's President Uhuru Kenyatta at a press conference.

Theresa May won " t stop dancing, despite what her critics say about her moves.

The Premier denied she was setting Britain on a track to be a "vassal state" that follows European Union rules without helping to set them.

In the furtherance of the fight against terrorism, Mrs May said Kenyan and British soldiers will now train jointly, with the UK PM expected to witness a joint training session in Laikipia after the briefing.

"Most of the world's poorest people are Africans".

The EU is now Britain's biggest trading partner.

"They understand fully well the U.K.'s predicament and they have a multitude of other trade partners, including China, India and Russian Federation, wanting to invest on a massive scale.

The Prime Minister also announced a deeper collaboration between London and Lagos - setting up the first UK-Africa FinTech partnership which will use the City's expertise to support African entrepreneurs, improve access to financial services for consumers and encourage new investment.



Like this

loading...
loading...

Latest


03 September 2018
CBOE to Launch Ethereum Futures by the End of 2018
His claims seem to be corroborated by the historical price action of Bitcoin following the initial CBOE and CME futures release. The news comes amid a continued downturn in ETH's fortunes, with Ethereum price 00 battling lows not seen for nearly a year.

03 September 2018
Trump ends $350m backing for Palestinians and $300m aid deal for Pakistan
He said the U.S. military would aim to spend the money on other "urgent priorities" before the funds expire on September 30, 2018. They say it gives Taliban-linked militants a place to plot deadly strikes and regroup after ground offensives in Afghanistan.

02 September 2018
KAGWANJA: Beijing summit reveals why China is attractive to
India too in recent years has stepped up its political, diplomatic and economic engagement with Africa in recent years. The last Focac Summit was held in Johannesburg in 2015.

02 September 2018
Alabama routs Louisville in opener
The Alabama quarterback controversy has been a topic of debate all summer, and Taylor asked a question related to said topic. Hurts was 5-of-9 passing for 70 yards, but Alabama only managed three points when he was in at quarterback.

02 September 2018
India bag historic bronze in men's table tennis, silver in archery
Song Hai-rim of Korea takes a shot in the women's handball game against China at the Asian Games in Indonesia on Thursday. South Koreans caught China on their fourth lap to seal the gold , but they continued to race for the record.

02 September 2018
Roger Federer overpowers Nick Kyrgios to reach second week of US Open
Kohlschreiber now meets 2014 runner-up Kei Nishikori , who got past No. 13 Diego Schwartzman 6-4, 6-4, 5-7, 6-1. Another one for the scrapbook: a between the legs effort against Novak Djokovic at the US Open in 2009.

02 September 2018
The Australian Google Assistant gets multi-lingual supports
You can also see visual responses from Google Assistant on your television screen, thanks to Chromecast and Google Home . This past week, Google updated the assistant with the ability to deliver a daily dose of good news to users in the US.

02 September 2018
Space station "stable" after leak
In the wake of the fix , flight controllers in Houston are continuing to monitor station's cabin pressure. Orbital debris is a persevering with threat to spacecraft, even the tiniest specks.

02 September 2018
Meghan Markle Accidentally Revealed Her Secret Nickname for Prince Harry
Joining Prince Harry at for a charity performance of the Broadway hit Hamilton , Meghan chose to wear a black tuxedo mini dress. Sadly, as I reported at the time, said dress costs a cool 500 quid, meaning the vast majority of us can not afford it.

02 September 2018
Arbitrator sends Colin Kaepernick's grievance against National Football League to trial
NFL free agent Colin Kaepernick's grievance alleging the league's owners colluded to keep him out is set to go to trial. The grievance states that Trump and Pence "engaged in various public relations stunts created to retaliate against Mr.