India to lend Kenya USD 45 million for developing textile factory and smaller industries

Q.  India will lend Kenya USD 45 million to promote which industry?
- Published on 13 Jul 16

a. Auto
b. Textile
c. Manufacturing
d. None of the above

ANSWER: Textile
India will lend Kenya USD 45 million to help develop a textile factory and other smaller industries, according to leaders of both the nations.
  • On a four nation tour of Africa, this is part of the policy push of the African nation to become an international player.
  • Kenya’s current president is Kenyatta Uhuru
  • USD 30 million of the funds will be used to revive Rift Valley Textiles Factory which went out of business in 2000.

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