Fishing industry in the country is set to thrive following the recently signed economic partnership agreement deal between Kenya and the European Union. This was revealed by Prime Cabinet Secretary, Musalia Mudavadi, who said the deal will see fishermen from the Lake Region rip big, with increased export of fish to the EU markets. Mudavadi who made the remarks in Bondo, Siaya County, said the mega deal has open up to duty free and quota free access of Kenyan exports to twenty-seven European countries. He lauded Trade Principal Secretary (PS), Alfred Ombudo K'ombudo who led the negotiations on behalf of the Kenya government, under the guidance of President William Ruto. 'This agreement is significant and will have huge impact on the Kenya economy. It has opened doors for fish and horticulture to be exported to 27 EU countries and will definitely spur economic growth in the region,' said Mudavadi. The Prime Cabinet Secretary also revealed that Kenya is currently in similar talks with the United States and the United Arabs Emirates, to further open-up markets for Kenya export products. Musalia said that although the Kenya Kwanza regime inherited a government with empty coffers, there is light at the end of the tunnel, and Kenyans should remain hopeful of better economic times. 'As a former Minister for Finance, I had predicted hard economic time and problems with the economy when Kenya Kwanza took office, but with these strategies in place there is hope at the end of the tunnel for Kenyans,' he said. Mudavadi who was flanked by the Information, Communications and The Digital Cabinet Security (CS) Eliud Owalo, during the official opening of Bondo ACK Trinity Plaza, constructed at a cost of Sh 214 million, said the government has pleasant news Kenyans with regards to the economy, which will be announced soon. 'I want you to look at me, look at me again, we (the government), have some pleasant news for Kenyans, which will be announced very soon. I will not go further than that but expect pleasant news from us, soon and better economic times,' he remarked. Mudavadi observed that peace is paramount in the region both in Kenya and its neighbours for the economy to grow, adding that it's only in unity, that challenges can be overcome in the country. Mr Owalo on his part underscored the government's commitment to uplift the plight of the youth and spur economy, through the digital economy. On his part, Owalo said that every ward in the country shall benefit from free Wi-Fi and interment connection to enable the citizens exploit opportunities in the digital space. Source: Kenya News Agency Access Bank Ghana Plc has opened a new branch at the Bright International Industrial hub inAfienya to bring banking services closer to customers in the industrial hub and its environs. This is in pursuance of the Bank's strategic objective of enhancing customer experience and satisfaction for the over 100 medium to large scale companies and Chinese related businesses operating in the hub, an official release issued to the Ghana News Agency said Monday. At a short ceremony at the Bright International Industrial hub, Executive Director for Retail and Digital Banking at Access Bank Ghana, Pearl Nkrumah said, over the past 15 years of the bank's existence in Ghana, it had brought innovation to the banking and financial sector. She said: 'The opening of our 54th branch is in line with our bank's strategic expansion drive as we continue to pursue our vision of becoming the world's most respected African Bank offering the best banking services. 'This ambitious vision comes with a commitment to ensure that our c herished customers get the best value from us. The expansion means that businesses already established in the Bright industrial hub and beyond will have access to a full-fledged bank right here'. For his part, the Executive Director for Wholesale Banking, James Bruce said: 'Access Bank is well positioned to support Chinese and other international businesses not only in the country but across the bank's 20 international locations. 'We are better placed to not just bank you but your network with our presence in 20 countries including China, Hong Kong, UK, UAE, France, Lebanon and India via our dedicated German, French and Lebanese Desks'. He also noted: 'Businesses in Afienya and its environs now have access to a full-fledged bank, and we promise to always give you a more than banking experience.' The Vice President of the Ghana Association of Chinese Societies, Yan Liquan, who graced the occasion,expressed joy at the opening of the new branch, statingthat: 'Chinese businesses look forward to more fruitful business relationships with Ghana in the coming years as it is establishing more processing plants to enhance the agricultural industry in the country.' The bank at the industrial hub will facilitate smooth and quick financial transactions at the industrial hub. With a variety of flexible and innovative banking solutions, Access Bank continuously engages customers to understand their needs and helps to proffer solutions to them,' the release said. The Bank at present operates through more than 700 branches and service outlets in 20 countries, including the UAE, UK, France, Hong Kong, China and representative offices in India and Lebanon. Source: Ghana News Agency
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