President William Ruto recently visited the New York Stock Exchange where he met dignitaries and rang the closing bell at the bourse to signify the closing of the day’s trading.
Targeted focus will boost investment through increased capital flow, make them more robust and create more opportunities for Kenyans and Africa, says Ruto
The head-of-state was accompanied by first lady Rachael Ruto, Prime Cabinet Secretary Musalia Mudavadi, Trade CS Moses Kuria, Foreign Affairs CS Alfred Mutua and Treasury CS Njuguna Ndung’u.
Prior to his visit, Ruto on Thursday addressed the US Africa Leaders Summit on ‘The Future of Africa’s Trade and Investment’ where he called on the US to take advantage of Africa’s huge population, the prospects under the African Continental Free Trade Area (AfCFTA) which is on the cusp of taking off and availability of labor and green energy potential in Africa to drive prosperity on a global scale.
He also used the opportunity to position Kenya as one of the most favorable investment destinations for the abundant US capital, attributing its competitive advantage to a maturing constitutional democracy and well-developed financial and commercial ecosystem.
Credit: Mark-Anthony Johnson