UK government to fund Sh30bn into second phase of TMEA programme

By professo

The UK government’s Aid Ministry has announced the success of the first phase of its Kenya trade programme.

The Trade Mark East Africa (TMEA) programme aims to support technological improvement within the country’s trade sector.

Due to its success, the government will be funding the project with an additional £211mn (Sh30.2bn) for its second phase.

Penny Mordaunt, the UK’s Secretary of State for International Development, visited Kenya earlier this week.

“Here in Kenya technology is delivering UK aid in new ways, from innovative cash transfers using biometrics, through to trade technologies that support economic growth, jobs and investment,” said the Secretary of State.


“It is in all our interests that we harness the best of British innovation with African entrepreneurialism – to create jobs, defeat poverty, and support our future trading partners, as we work towards a shared prosperous future,” she added.

The UK is ranked the fifth highest importer of good to Kenya, with the trade between the two countries being valued at more than £1bn (Sh144bn) annually.

The UK’s Department of International Development claims that innovative technology is helping Kenya build resilience against climate changes – such as drought – as well as building the nation a modern economy.


Featured Articles

Top 10 most innovative telecom operators in the Middle East

With Dubai-based Telecoms World Middle East in full swing, we chart the most innovative telcos from the region – and look at how they are transforming

Top 10 fastest-growing Indian companies in the UK

Business Chief takes a look at the top 10 fastest-growing Indian companies in the UK, according to the India Meets Britain Tracker from Grant Thornton

Top 10 workplaces prioritising people and planet in the UAE

Sustainable, flexible, collaborative, tech-driven, and amenities-rich, the office of the future considers both people and planet – here are 10 in the UAE

Top 10 female HR execs leading Saudi’s workplace transition

Leadership & Strategy

Top 10 largest asset managers by AUM operating in the UAE

Corporate Finance

Top 10 female CEOs leading Africa’s biggest businesses

Leadership & Strategy