President William Ruto Urges European Investors to Boost Kenyan Manufacturing and Infrastructure
President William Ruto has called upon European investors to significantly increase their investments in Kenya's manufacturing, infrastructure, agriculture, energy, and healthcare sectors. Speaking at State House, Nairobi, during a meeting with EU delegations serving across Africa, President Ruto emphasized that deeper economic cooperation should translate into job creation and improved livelihoods for Kenyans. He stated that Kenya aims to move beyond traditional trade relations with the European Union (EU) towards partnerships that actively support local production, facilitate technology transfer, and foster industrial growth. President Ruto highlighted the EU Global Gateway Initiative as a crucial platform for Kenya to attract affordable financing for transformative projects. He urged European partners to mobilize resources through concessional and blended financing instruments, ensuring meaningful participation from African enterprises. The President also identified digital transformation as a promising...
