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President Ruto woos American businesses to invest in Kenya

By Kevin Cheruiyot September 21st, 2022 2 min read

President William Ruto has urged US-based investors to consider investing in Kenya. The president spoke on Wednesday during a Kenya-US executive business roundtable in New York.

President Ruto said Kenya’s strong democracy, security, citizens and infrastructure make a conducive environment for new investments.

Kenya and the US have a long history of close diplomatic ties which the president is seeking to strengthen.

President Ruto is in the US to attend the 77th UN General Assembly, which shapes major international issues including climate change, international peace and poverty alleviation.

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He is expected to deliver Kenya’s National Statement on Wednesday night (9pm Kenya time) at the UN meeting. This is the first high-level meeting for the president after being inaugurated following the concluded election.

Last week, US President Joe Biden dispatched his Presidential Delegation to witness President Ruto’s swearing-in ceremony. The US team was led by Ambassador Katherine Tai, who later said that the team is looking forward for more partnership with the new administration.

“It was an honor to lead the US Presidential Delegation to witness Kenya’s historic moment. I look forward to continued collaboration on shared prosperity under the US-Kenya Strategic Trade and Investment Partnership,” Ambassador Tai said.

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US Ambassador to Kenya Meg Whitman said during his first assignment that she will ensure that there is more collaboration between the two countries.

The Ambassador also said the US embassy had initiated plans to reduce visa backlogs that had delayed businesses and traveling for tourists and students.

“As part of Ambassador Whitman’s pledge to reduce the nonimmigrant visa interview appointment backlog, the United States Embassy in Nairobi announced today that it has expanded the Interview Waiver Program for nonimmigrant visas,” the Ambassador said then.

Also read: Ruto to make his first UN General Assembly address as President