×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - 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.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
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
By AFP 4 hrs ago
Football
Senegal parade AFCON trophy at Stade de France, despite being stripped of title
Rugby
Shujaa hammer Germany to kick off Sao Paulo 7s with big win
Sports
New faces set to dominate handball contest
Sports
Kenya's Ngechu shines in girl's category as Gicheru shines in the boys category