×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now

How Ruto US visit raises the country global rating as investment centre

Vocalize Pre-Player Loader

Audio By Vocalize

President William Ruto sits on Joe Biden's seat in the Oval Office, White House, Washington, on May 23, 2024. [PCS, Standard]

As the dust begins to settle on President William Ruto's visit to the US, Kenyans are keen to see the tangible benefits of the trip, which was overshadowed by the controversy of the over $2 million-a-day jet expenses.

President Ruto and his entourage secured deals worth hundreds of billions of shillings but also pitched Kenya as an ideal investment destination hoping to attract more US firms to set up base in the country. The money from the deals secured, which will be in the form of loans, a few grants and, US firms investing in the country, was around infrastructure, e-mobility, education and ICT industries.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Sports
Murkomen, Chepkemoi eye title defences at Nairobi City Marathon
Sports
Shujaa face South Africa and Fiji in the test at Bordeaux Sevens
Sports
Wafalme silence Uganda to close in on Nations Championship slot
Sports
Standard scribe headlines SportPesa Premier League Gala Awards