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Kenya joins Asian Infrastructure Investment Bank with new development funding

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President William Ruto (left) during a meeting with Asian Infrastructure Investment Bank President Jin Liqun in China. [PCS]

Kenya has officially joined the Asian Infrastructure Investment Bank (AIIB) as a fully paid member.

President William Ruto said the move will enable the country to access concessional funding for various development projects, including infrastructure, climate change efforts, connectivity, regional cooperation and technology-enabled projects.

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