President Ruto Announces Economic Plans and Warns of Potential Power Rationing - November 2025
President William Ruto announced that Kenya is set to establish a Sovereign Wealth Fund to enhance resource mobilization. President Ruto also announced the country's ambition to secure $2 billion in investments by 2028, primarily targeting the fintech and green economy sectors. On energy, the president stated that in Kenya, "we have to do load shedding from 5pm to 10pm due to low power generation." He also hinted at the possibility of power rationing if data centers are established in Kenya, suggesting potential challenges in meeting increased energy demand.
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Rais William Ruto aashiria uwezekano wa ugavi wa umeme endapo vituo vya data vitajengwa
President William Ruto has hinted at the possibility of power rationing if data centers are established in Kenya, suggesting potential challenges in meeting increased energy demand.
President Ruto: Kenya eyes $2bn investment in fintech, green economy by 2028
President William Ruto announced Kenya's ambition to secure $2 billion in investments by 2028, primarily targeting the fintech and green economy sectors. This strategic move aims to bolster the nation's economic growth and foster sustainable development.