President Ruto assures American investors Kenya is a safe destination
He made the remarks during the United States-Kenya Business and Investment Roundtable meeting at the margins of the 80th Session of United Nations General Assembly. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
✨ Key Highlights
President William Ruto assured American investors that Kenya is a secure and stable destination for investment during the United States-Kenya Business and Investment Roundtable in New York. He highlighted Kenya's strong economic fundamentals and investor-friendly reforms.
- Kenya's economy is now the sixth-largest in Africa, with diaspora remittances topping $5.1 billion in 2024.
- The Nairobi Securities Exchange (NSE) was ranked the best performing exchange in Africa in 2024 and aims for 40 new listings by 2029.
- President Ruto mentioned investor-friendly reforms including zero-rating VAT on exported services and the removal of a 30 percent domestic equity requirement for ICT companies.
- Kenya offers access to a combined market worth about $50.1 trillion and 1.19 billion people through key trade agreements.
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US Pledges Support for Kenya-Led Haiti Mission Following President Ruto's Appeal in New York - September 2025
The United States has pledged support for the transition of the Kenyan-led Multinational Security Support (MSS) mission in Haiti just before its October 2 mandate expiry. This pledge follows an appeal from President William Ruto. In response, the US and Panama have introduced a UN Security Council resolution to establish a larger gang-suppression force. Efforts are underway to transition the MSS to this larger UN-backed force. During his visit to New York for the United States-Kenya Business and Investment Roundtable, President Ruto also assured American investors that Kenya is a secure and stable destination for investment.
