Sharp Daily
No Result
View All Result
Wednesday, August 19, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Ruto’s Japan visit unlocks billions for Kenya projects

Brian Murimi by Brian Murimi
February 8, 2024
in News
Reading Time: 1 min read

Kenya’s President William Ruto has concluded a successful visit to Japan, securing KES 350 billion in financial agreements and signing several memoranda of understanding (MoUs) with his Japanese counterpart Fumio Kishida.

The two leaders held bilateral talks in Tokyo on Thursday, where they discussed ways to enhance cooperation in various sectors, including infrastructure, energy, health, and security.

Among the major deals announced were:

– KES 260 billion for the construction of the Dongo Kundu Special Economic Zone and the Mombasa Gateway Bridge, which will boost trade and tourism in the coastal region.
– KES 15 billion for the expansion of the Olkaria Geothermal Development Project, which will increase Kenya’s renewable energy capacity and reduce greenhouse gas emissions.
– KES 1 billion for the provision of medical oxygen to Kenyan hospitals, and KES 320 million for humanitarian assistance to vulnerable populations through the United Nations.
– KES 3 billion for the Kenya Medical Research Institute, which will support the development of vaccines and diagnostics for infectious diseases.

RELATEDPOSTS

Tanzania’s independence day 2025: a nation mourns as celebrations give way to crisis

December 9, 2025

Kenya’s middle-income jobs grow: 1.5 million now earn above Sh50,000 monthly

December 5, 2025

The two leaders also signed MoUs for cooperation in information and communication technology (ICT), health, finance, and security, as well as a joint statement on the promotion of a free and open Indo-Pacific region.

President Ruto also secured Japan’s backing for the Mwea Irrigation Scheme and the National Rice Masterplan, which aim to increase Kenya’s food security and self-reliance.

“Japan remains an important strategic economic partner whose enhanced collaboration will witness significant socio-economic transformation of our country,” Ruto said.

The visit marked President Ruto’s first official trip to Japan since taking office in 2022.

Previous Post

Treasury seeks global consultant to revamp PPP initiatives

Next Post

Kiambu landowners to stage demos over land rates

Brian Murimi

Brian Murimi

Brian Murimi is a communications and advocacy professional with a focus on innovation, policy and continental development in Africa. A former journalist, he now works at the intersection of knowledge, strategy, and pan-African institution building.

Related Posts

News

The role of investment research in identifying mispriced assets

August 17, 2026
News

How Influencers Are Reshaping the Economics of Business Growth

August 14, 2026
News

CBK Holds Rates

August 14, 2026
News

Kenya Stablecoin Regulations Shape Digital Finance

August 14, 2026
News

Circle Arc Blockchain Validators Reshape Institutional Finance

August 14, 2026
News

Stablecoin Treasury Infrastructure Reshapes African Corporate Finance

August 14, 2026

LATEST STORIES

YouTube to count views from the first frame starting August 24

August 18, 2026

Kenya’s Sh1 trillion trade deficit: Why the import bill is becoming a bigger problem

August 18, 2026
John Mbadi, Kenya's treasury secretary, during an interview in Nairobi, Kenya, on Wednesday, Aug. 20, 2025. Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to yuan and extend the repayment period, Mbadi said. Photographer: Kang-Chun Cheng/Bloomberg via Getty Images

Treasury’s Sh78.6 billion tax cut: relief or more government borrowing?

August 17, 2026

YouTube doubles watch hour requirements for partner program

August 17, 2026

NSSF Eyes Global Markets

August 17, 2026

The role of investment research in identifying mispriced assets

August 17, 2026

Can Kenya’s Tobacco Laws Keep Up With New Nicotine Products?

August 14, 2026

How Influencers Are Reshaping the Economics of Business Growth

August 14, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024