Kenya signs Sh21.7 billion automotive and energy deal with Japan

President William Ruto and Prime CS Musalia Mudavadi lead a bilateral meeting with with Dr Tanaka Akihiko, President of the Japan International Cooperation Agency in Tokyo, Japan. [@MusaliaMudavadi, X]

Japan has extended up to Sh21.7 billion (25 billion yen) in Samurai financing to Kenya to support the country’s vehicle assembly and energy sectors. 

The deal was signed by Kenyan Foreign Affairs Minister Musalia Mudavadi and Nippon Export and Investment Insurance (NEXI) CEO Atsuo Kuroda, according to a document shared by the Kenyan government.