×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Kenya eyes more investments ahead of Korea-Africa summit

Kenyan Ambassador to Korea Emmy Kipsoi addressing investors in Seoul ahead of Korea-Africa Summit. [Courtesy]

Kenya is positioning itself to attract more investments from South Korea as the continent prepares for the Korea-Africa Summit slated for June 4-5 in Seoul.

A pre-summit held in Seoul saw Kenya rally itself as the preferred destination for investment on the backdrop of a Sh1.3 trillion ($10 billion) target of foreign direct investment (FDI) by President William Ruto's administration.

Get Full Access for Ksh299/Week
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Conference tourism drives growth as Bomas centre nears completion
By Sofia Ali 12 hrs ago
Enterprise
Kenyan firm expands services to Gulf region
Business
Joho faces big test in executing State's mining agenda in Coast
Business
Economists foresee slow growth ahead for Sub-Saharan Africa