Britain's Prime Minister touts for trade in Nigeria

Britain's Prime Minister touts for trade in Nigeria

"Indeed, UK is the number one investor in Kenya", said President Kenyatta.

At a joint press briefing in Nairobi on Thursday, the two leaders disclosed a pact that will see repatriation of assets and proceeds of crime to Kenya.

"The UK continues to support the commitment of the fearless Kenyan soldiers fighting in Somalia against al-Shabaab and I will announce a new package of funding to support the African Union mission in Somalia", she said.

"We need to make it painfully unrewarding, and expensive to get into corruption", declared the President, sentiments that were echoed by May.

The new deal between Nairobi and London comes three months after Kenya inked a similar agreement with Switzerland to repatriate more than Sh90 billion held in Swiss accounts.

On her part, Prime Minister May said that besides repatriation of the proceeds of corruption, her government will support efforts to prosecute and conclude all major corruption cases in the country.

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In her first visit to the continent of Africa since she became prime minister, Mrs May has been encouraged to join in with the performances that have been put on for her visits.

British Prime Minister Theresa may, despite the criticism of the previous dance, danced again, reports the Chronicle.info with reference to TSN. Sceptics say closer ties and more trade with Africa will do little to offset the economic impact of Brexit.

For her part, Prime Minister May said time has come for the two countries to forge a stronger partnership which will leave an indelible mark for current and future generations.

"I look forward to seeing more rich investment in Nigeria creating jobs for Nigerians and the good people of Britain as well", she added. And increasing wealth has brought rising inequality, both between and within nations.

PM May was happy with the political reconciliation in the country and promised to support the Uhuru-Raila Building Bridges Initiative.

Britain is a leading global hub for FinTech which contributes over £5 billion to the United Kingdom economy every year and Lagos is at the forefront of FinTech innovation in Africa.

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