Official visit of the French Minister of Economy and Finance in Kenya [fr]
Michel Sapin, French minister of Economy and Finance, was in Kenya on 4th and 5th February 2017.
On the occasion of his official visit to Kenya, Michel Sapin met with the President of Kenya, H.E. Uhuru Kenyatta.
At State House, he signed, together with the Kenya Cabinet Secretary for Industry, Trade and Cooperatives, a funding agreement for the building of a dam in Ruiru, Kiambu county.
The French public funding amounts to 74 million Eur in this 182 million Eur project, aiming at providing drinking water to Nairobi and Kiambu counties.
Michel Sapin also attended the signing of a contract between PSA and Urysia to assemble Peugeot brand vehicles in Kenya.
This assembly project will begin in 2017 with an annual volume of over 1,000 units.
The Minister also met with the French business community at the Residence of France.