Editor's Review

The deal was signed by Treasury CS Njuguna Ndungu and Italian Ambassador to Kenya Roberto Natali.

The Kenya Kwanza government has secured a Sh 573.4 million grant from the Italian government.

The deal was signed on Friday, March 22 by Treasury CS Njuguna Ndungu and Italian Ambassador to Kenya Roberto Natali.

According to the National Treasury, the grant will be used for the restoration and sustainable management of the Cherangany forest ecosystem.

“The governments of Kenya and Italy have signed a Grant Agreement of Euro 4 million, about Kshs 573. 4 million for Restoration and Sustainable Management of Cherangany Forest Ecosystems for Climate Change Resilience and Improved Livelihoods,” the Treasury said in a statement.

Speaking after signing the agreement with the Italian Ambassador, CS Ndung’u said the project will contribute to environmental sustainability of the Cherangany water tower through the promotion of climate-resilient and low-carbon socioeconomic development.

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File image of Treasury CS Njuguna Ndungu and Italian Ambassador to Kenya Roberto Natali.

CS Ndung’u thanked the Italian government for the grant saying the European nation has joined a list of partners supporting Kenya.

“I am glad that the Government of Italy has joined the list of partners who have agreed to walk the journey with us and expressed willingness to avail up to Euro 150 million in budget support in the context of the ongoing DPO,” said the Treasury CS.

CS Ndung’u also mentioned that the Kenyan government has received over Euros 1.28 billion, about Ksh.181 billion from the Italian government in support of various sectors including infrastructure, education, health, and water services among others.