Ugandan President Yoweri Museveni has reached a deal with the African Export Import Bank (Afreximbank) to locate its Sh3 billion regional headquarters in Kampala, formally ending a three-year long bid to establish its headquarters in Nairobi.
The agreement, to be signed next week, paves the way for the setting up of the multi-billion trade bank office and deals a blow to Kenya as it denies Nairobi the benefits that come with hosting such top international organisations.
