EAST AFRICA’s Mombasa Port £23 million (KES3.5 billion) Eco-programme boost to Improve Trade

Nairobi | May 25, 2015

EAST Africa still has some of the highest freight and transport costs which erodes the global competitiveness for the region's exports, a trade consultant said on Friday. Trade Mark East Africa director General David Stanton said the high costs slow down trade, hold back economic growth, job creation and poverty eradication.

He spoke in Mombasa when TMEA and the UK's Department of International Development signed a £23 million (Sh3.5 billion) financial support deal for a green programme at the Mombasa port.

The Kenya government and Trade Mark East Africa had hosted international donors at a conference intended to highlight priority infrastructural requirements at the port of Mombasa in need of renewal and upgrading.

“This project aims at minimising environmental impacts while addressing......Click Here for Further reading.

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