×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - 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
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • 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
By Oscar Magu 48 mins ago
Enterprise
Why more service providers are deploying AI in customer engagement
Business
Safaricom users to get free data bundles following partnership with Opera
Business
Government announces plan to privatise cash-strapped KCC company
Shipping & Logistics
What international laws say about Museveni's Indian Ocean claims