Biden announced Banga's nomination to succeed David Malpass at World Bank.
Kiboro said regional trading blocs such as the EAC are crucial in promoting economic growth.
The agencies said the grants will help boost incomes for over 1 million Kenyan farmers.
2022 data by CBK shows traders earned KSh355.43 billion from exports to African nations against KSh267.13 billion expenditure.
The two countries have promised to work together to boost their respective dairy sectors.
