Kenya: France seals contracts worth over 2 billion euros

Mar 14, 2019

France signed infrastructure contracts in Kenya worth more than 2 billion euros ($2.26 billion) on Thursday, including a 1.6 billion euro 30-year concession for a Vinci-led consortium to operate a highway between Nairobi and Mau Summit.

Renewables firm Voltalia also sealed a 70 million euro contract for two solar power plants, while an Airbus-led consortium won a 200 million euro contract for coastal and maritime surveillance.

The contracts were signed during a visit by President Emmanuel Macron, who is seeking to boost trade in the East Africa region.

 

Reuters

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