Kenya, US enter new deal to expand trade

President Uhuru Kenyatta on Monday witnessed the signing of a detailed private sector agreement that seeks to expand trade and investments between Kenya🇰🇪 and the United States of America🇺🇸.
The agreement, signed between Kenya Private Sector Alliance (KEPSA) and Corporate Council on Africa (CCA), provides a framework for Kenyan and American businesses, especially the small and medium enterprises (SMEs) to partner through information sharing, training, logistics, and financing.
Established in 1993, CCA is the largest umbrella body of American companies operating in Africa with an overarching objective of promoting trade and investments between the US and the African continent.
Speaking at the signing ceremony in New York, on the first day of his two-day official visit to the US, the President said the Government backed pact was part of efforts to support the growth of Kenyan SME sector as a key enabler of wealth and employment creation.