Kenya ready for investments, President Ruto tells American business executives

President William Ruto during a U.S- Kenya executive business roundtable in New York. [PSCU]

President William Ruto has advocated for increased bilateral commercial cooperation between the US and Kenya, saying he is looking forward to establishing new relationships and strategic partnerships with the U.S business community to enhance Kenya’s economic and social transformation.

The President said Kenya is ready for investment, having demonstrated her democratic maturity in the recent elections.

“Investors can predict the future of Kenya because it’s a democratic country. We have demonstrated as the people of Kenya, that the rule of law underpins public affairs,” Ruto said.

He was speaking in New York, USA at a high-level business roundtable hosted by the US Chamber of Commerce on trade and investment relationships between Kenya and the US. Participants explored ways in which the US business community can partner with Kenyan industries to achieve the President's vision and development agenda.

The President further held business meetings about fertiliser production and green energy to enhance Kenya’s agricultural production, create jobs, and develop a more resilient economy.

President William Ruto during a U.S- Kenya executive business roundtable in New York, US. [PSCU]

He was also a guest of honour at the Africa Investment Partnership Forum hosted by the United Nations Development Programme. The evening’s discussions centred on moving Africa from aid to investment.

Participating in the meeting were leaders from the private sector, international development organisations, and diplomats.

President Ruto will deliver Kenya’s national statement at the United Nations General Assembly on Wednesday, 21 September 2022, at approximately 2 pm New York Time (9 pm Kenya Time).