The East African presidents Tuesday resolved to establish special purpose financing schemes for small and medium enterprises as part of efforts to cushion vulnerable businesses from the negative effects of the Covid-19 pandemic.
During a video conference, presidents Paul Kagame (Rwanda), Uhuru Kenyatta (Kenya), Yoweri Museveni (Uganda) and Salvar Kiir (South Sudan) made commitments to ramp up local production of essential products and support agro-processing and value chains as an import substitution measure.
