Africa gets $200m trade guarantees from Europe

Farm produce for export at Kigali International Airport. Africa is set benefit from a new agri-business capital fund worth $51.28 million to support smallholder agriculture by increasing access to finance for individual farmers. PHOTO | CYRIL NDEGEYA | NATION

Africa has received new trade alliance guarantees from the European Union of more than $200 million.

The pledge was made at the High-Level Forum Africa-Europe in Vienna, Austria last Tuesday.