Germany has pledged €140 million ($199 million) worth of development aid to Kenya through 2013, according to Kenyan President Mwai Kibaki.
Kibaki made the announcement in a press briefing held after a meeting with German Chancellor Angela Merkel, who visited the African country earlier this week, Bloomberg reports. The Kenyan president said the two countries are also set to create a group focused on increasing German investments in Kenya.
Germany and Kenya have agreed to boost investments in the areas of transportation, environment and energy, according to Kenyan Prime Minister Raila Odinga, who also attended the meeting with Merkel.
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