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Originally published by Capital Businessbusiness
June 29, 2025
4mo ago
EBRD awaits Parliamentary nod to open regional office in Nairobi
JUNE 29 - President William Ruto has welcomed the decision by the European Bank for Reconstruction and Development (EBRD) to establish its African Kenya breaking news | Kenya news today |..
✨ Key Highlights
The European Bank for Reconstruction and Development (EBRD) has announced plans to establish its African continental office in Nairobi, pending approval from Parliament. President William Ruto has endorsed this initiative, highlighting its potential to bolster support for Micro, Small and Medium Enterprises (MSMEs) and enhance economic growth through Public-Private Partnerships.
- This office aims to strengthen support for MSMEs and facilitate green investments.
- President William Ruto and EBRD President Odile Renaud-Basso have agreed on a comprehensive engagement strategy.
- Discussions also included a partnership with Ukraine to address food security and expand educational opportunities.
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