President Ruto Courts Japanese Investors, Highlights $5B Support to Kenya
Kenya’s President William Samoei Ruto has lauded Japan as a key development partner, noting that it is the third-largest source of official development assistance to the country, with contributions exceeding $5 billion (KSh650 billion) over the past six decades.
Speaking at the Kenya Investment Forum in Yokohama, Japan, President Ruto highlighted landmark projects funded by Japan, including geothermal development at Olkaria and the expansion of Mombasa Port.
He further noted that more than 120 Japanese companies have already invested in Kenya, taking advantage of the nation’s strategic location as the gateway to Eastern Africa, its modern infrastructure, fibre optic networks, and vibrant financial and capital markets.
“With our economy expanding rapidly, Kenya offers vast opportunities for Japanese investors,” President Ruto said, pointing to sectors such as digitisation, universal health coverage through medical equipment supply, precision agriculture, electric vehicle manufacturing, and green energy industrialisation.
The President said Kenya remains committed to deepening its long-standing ties with Japan, stressing that the mutually beneficial relationship continues to create avenues for private sector investment and sustainable economic growth.
