Horn of Africa ministers seek private sector backing for projects
From left: Djibouti Economic and Finance Minister Ilyas Moussa Dawaleh, Kenya's Treasury Cabinet Secretary Njuguna Ndung'u and Head of HoAI Secretariat Dr Kenrick Ayot during the HoAI 15th ministerial meeting in Nairobi Kenya on March 8, 2023. PHOTO | DENNIS ONSONGO | NMG
Business and Technology Reporter in Nairobi, Kenya
Nation Media Group
Finance ministers from the Horn of Africa are seeking ways to attract more private sector backing for projects in infrastructure, energy and technology, to better build economic resilience as drought and inflation bite.
The leaders met under the Horn of Africa Initiative (HoAI) in Nairobi this week and agreed to develop a “comprehensive” private-sector engagement strategy, which is expected to be tabled at the next meeting in October.
