President William Ruto yesterday rang the closing bell at the New York Stock Exchange to signify the closing of the day’s trading.
He was accompanied by First Lady Rachel Ruto, Prime Cabinet Secretary Musalia Mudavadi, Trade CS Moses Kuria, Foreign Affairs CS Alfred Mutua and Treasury CS Njuguna Ndung’u.
President Ruto said targeted focus will boost investment through increased capital flow, make them more robust and create more opportunities for Kenyans.
Ruto had on Thursday addressed the US-Africa 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.
The President took the opportunity to market Kenya as one of the most favourable investment destinations for the US, attributing its competitive advantage to a maturing constitutional democracy and well-developed financial and commercial ecosystem.
