Hungarian government has announced it will double the number of scholarships offered to Kenyan students.
Kenya’s Foreign Affairs CS Ambassador Amina Mohammed on Wednesday said Hungary has doubled its scholarship for Kenyan students from 50 to 100 starting next year in September.
She spoke a short while after holding bilateral talks with Hungarian Foreign Affairs and Trade Minister Péter Szijjártó in Budapest.
Further, she announced that the Hungarian government has set aside $50 million (Sh5 billion) and a further 85 million euros (9.7 billion) to support various projects in Kenya.
The sh5 billion will be channeled towards supporting a Cancer Centre at Nyeri Referral Hospital; a Beyond Zero mothers’ and children’s wing at Kenyatta National Hospital and small-scale irrigation projects and abattoirs in northern Kenya.
For the sh9.7 billion, Mohammed said the funds will be pumped towards financing joint business ventures between Hungarian and Kenyan companies.
With the funding of joint ventures, Kenya’s trade ties with Hungary are expected to get better.
She also signed an agreement on Economic and Technical Cooperation.
The agreement seeks to promote trade and investment between the two countries.
“The agreement will promote trade and investment between the two countries and establish the Joint Economic Commission that will serve as the framework of cooperation between Kenya and Hungary.”