Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Kenya and Nigeria sign trade agreements

06 September 2013, 16:15

Nairobi - Kenya and Nigeria have signed agreements that will see the two nations work together to boost bilateral trade.

In a joint communiqué, President Uhuru Kenyatta and President Goodluck Jonathan also agreed to work together in the agriculture, fisheries and livestock sectors.

The statement read by Kenya’s Foreign Affairs Cabinet Secretary Amina Mohamed, said the two governments have signed a memorandum of understanding in the area of immigration that will see visa exception, trans-national crime, drug abuse and improving trade between the two countries.

The two countries agreed to fight international terror groups Al-Shabab and Boko Haram in their respective territories.

President Kenyatta also agreed to make a state visit to Nigeria in future.

He said that the two nations will increase trade and investments by creating a better environment for cultural and tourism exchange.

“Kenya and Nigeria have agreed to improve their cooperation in increasing trade with Nigeria on West Coast of Indian Ocean and Kenya on the East Cost of India Ocean and we can achieve a lot,” said President Kenyatta.

He said that Nigeria was a better destination for investment saying that about 20 per cent of the African population operate in Nigeria.

Regional cooperation

President Jonathan said there is need for Africa to work together to become a platform for investments that will benefit its people.

“We want to see Africa going beyond being the primary source of material that service foreign companies but a continent that can add value to its products and export to other countries,” said President Jonathan.

He said that the trade level between members of the European Union is at 70 per cent and between Asian nations at 50 per cent but Africa countries was still at 11 per cent, which he said was not healthy.

“We have to look at ways of being able to boost bilateral and trade ties between Africa countries so that we do not rely on assistance from foreign nations,” said President Jonathan.

He said trading blocs such as EAC and SADC among others in the continent need support to boost trade in the region.

“Africa has to be a serious economic bloc and we can only achieve that by creating wealth for our people,” he said.

Last year, Kenya exported KES 2.9 billion worth of goods and services to Nigeria while its imports stood at KES 48.6 million, according to Kenya National Bureau of Statistics.

President Jonathan arrived in the country on Thursday for a three-day state visit aimed at boosting bilateral and trade ties between Kenya and Nigeria.



Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
Shakila Alivitsa
Submitted by
Shakila Alivitsa
What do men mean when they say th...

As much as men think they are the ones confused by relationships, they have a better idea of it than most women actually do. Read more...

Submitted by
Victor Tinto
Rift Valley leaders to hold meeti...

Rift Valley leaders will hold a meeting to decide DP William Ruto's place in the Jubilee Party following emergence of Peter Kenneth as a main challenger to his place within the current structure. Read more...

Submitted by
William Korir
DP Ruto, not Kenneth the main man...

DP William Ruto will be the main man for the Jubilee Party in 2022, Kiraitu Murungi insists. Read more...

Submitted by
William Korir
Jittery times for DP Ruto as Kenn...

Peter Kenneth is a genuine threat to DP William Ruto's 2022 State House bid... and the DP's allies know it. Read more...

Submitted by
William Korir
I will name those sabotaging DP R...

A Jubilee Party Governor says that he will name and shame those within Jubilee he says are undermining DP William Ruto's 2022 State House plans. Read more...