UK Export Finance unlocks Kenyan market for UK exporters
British High Commissioner to Kenya, Mr. Nic Hailey, today announced that the UK's export credit agency, UK Export Finance (UKEF), has joined African Trade Insurance (ATI), the pan-African export credit agency. The move comes as the UK government looks to encourage more UK businesses to trade with Kenya.
As an ATI member, UKEF will gain access to information about upcoming opportunities for exporters, as well as local knowledge of firms and projects. UKEF's ATI membership will also give Kenyan buyers and UK suppliers enhanced access to each other and will help identify and promote real business opportunities where UK and Kenyan companies can work together, and provide the local market knowledge needed to facilitate trade.
Witnessing UKEF joining ATI, Mr. Nic Hailey said:
“The UK is a global leader in many of the sectors for which Kenya has greatest demand: infrastructure, advanced engineering, energy, ICT, and defence and security. In these and other specialist areas, UK expertise can help accelerate Kenya's development and economic growth.”