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Originally published by Capital News
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September 23, 2025
6h ago

President Ruto assures American investors Kenya is a safe destination

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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