President William Ruto has bagged numerous deals for Kenya, which will be implemented through partnerships with the US government as well as private investors.
The agreements were made on Thursday, December 15, 2022, during the US-Africa Leaders’ Summit.
While some of the agreements are slated to immediately benefit Kenya, others aim to bring democracy, peace, and stability to Sub-Saharan Africa.
World Bank
One of the major deals is a collaboration with the World Bank on numerous economic projects.
“Kenya will intensify its engagement with the World Bank on the country’s development priorities,” Ruto announced on Thursday, December 15, in Washington DC during a meeting with World Bank President David Malpass.
Read: Inspecting Impact: The Anatomy Of Investing For Sustainable Development In Africa
Peace Restoration With DRC
On December 15, the president of Uganda, Yoweri Museveni, Paul Kagame of Rwanda, Samia Suluhu of Tanzania, and Evariste Ndayishimiye of Burundi outlined a plan for achieving peace and stability in the Democratic Republic of the Congo.
“It is in our interest as a region to find a lasting solution to the current instability in the DRC. We cannot allow the situation to get worse,” the President urged other Heads of State.
Space Technologies
According to President William Ruto, Kenya will be among the first nations in Africa to advance in space technology. The president made this announcement following his participation in a high-level discussion held by US investors on December 15 at Arizona State University’s Thunderbird School of Management.
climate Innovations
The partnership between Kenya and the US on climate technologies and carbon reduction was declared at the same meeting. According to the President, Kenya is one of the best places to invest the vast US wealth.
He attributed this to the country’s competitive advantage, which he owed to its growing constitutional democracy and well-developed financial and commercial ecosystem.
Read: List Of Multi-Billion Investments Kenya Bagged At COP27
Peace Stability In The Horn Of Africa
Finally, the President struck a major peace deal in the Horn of Africa that would help Kenya, a nation that has suffered economically from terrorist attacks by Al-Shabaab.
“The United States of America will work with Kenya to ensure there is peace in the Horn of Africa,” the President announced during a meeting with US Secretary of State Antony Blinken on December 15.
The president was in the United States to attend a US-Africa leadership forum in Washington DC accompanied by the First Lady, Mama Rachel Ruto.
They were hosted by US Vice President Joe Biden and First Lady Jill Biden at the White House. Biden hosted leaders from Africa between December 13-15, a forum the US is keen to use to strengthen its partnership with Africa.
Ruto said Kenya and the US are united by their shared commitment to democracy, economic prosperity, and regional peace.
“We will continue working together to expand our strategic partnership for the mutual benefit of the citizens of our countries,” he added.
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