×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - 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.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • 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 Ben Ahenda 12 mins ago
Sports
Stage set for the final Counties Intermediate Championships
Sports
Government steps up sports infrastructure expansion with new Thika Stadium
Football
Victor Omune: I want to win the league with Ingwe to fulfill my fathers' dream
By AFP 2 hrs ago
Football
Bilbao winger Nico Williams out indefinitely with groin issue