Poland on economic mission to east Africa

Radosław Domagalski will lead a delegation of entrepreneurs from an array of sectors, ranging from renewable energy, agriculture and trade.

The envoys will also include representatives of the Foreign Affairs and Finance Ministries, alongside the Polish Information and Foreign Investment Agency (PAIiIZ), the National Economy Bank (BGK) and the Polish-Tanzanian parliamentary group, Domagalski announced on Wednesday.

A series of bilateral talks with representatives of the Tanzanian and Kenyan finance, industry, trade and agriculture ministries are on the agenda.

The key topic of the talks are aid credits the Polish government has granted to Kenya and Tanzania. Poland hopes that Polish companies will be able to tap into the resources lent to the two countries, reaching up to USD 110 mln for Kenya and USD 100 for Tanzania.

“I hope that with this development aid we will see new Polish investment projects on the African continent,” Domagalski told news agency PAP.

The trip coincides with the 14th UN Conference on Trade and Development (UNCTAD), to be held in Nairobi next week.

The visit begins on Monday, 18 July, and will last until Friday, 22 July.

Trade between Kenya and Poland reached USD 109.8 million in 2015. In the case of Tanzania, last year’s trade figures amounted to USD 69.5 million. (aba)

Source: PAP