French President Emmanuel Macron is set to sign deals worth more than Sh300 billion with President Uhuru Kenyatta during his two-day official visit that kicked off Wednesday 13th.
Macron is on the first visit by a French president since Kenya’s independence in 1963. He visited Djibouti and Ethiopia a he made his way to Kenya.
The multibillion-shilling deals will among others include the funding of a commuter railway link between Nairobi’s central business district and the Jomo Kenyatta International Airport (JKIA) by 2021.
It will also finance the upgrading of Kenya’s military equipment.
State House said French firms operating under the auspices of the French Business Confederation (MEDEF) have identified 12 “priority projects” for investment within the government’s Big Four Agenda, Business Daily reports.
“The projects span industry, roads, energy, food security, health, and technology,” said State House. “Some of the areas of interest between Kenya and France include economic and technical co-operation, regional peace and security, climate change, reform of the UN, migration and sustainable development, among others.”