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April 21, 2026
3h ago

Ruto courts Italian investors to power Kenya's AI and innovation drive

Ruto courts Italian investors to power Kenya's AI and innovation drive

At the centre of Ruto's pitch was the ambitious “AI 10 Billion Initiative.”..

✨ Key Highlights

President William Ruto is actively courting Italian investors to bolster Kenya's burgeoning artificial intelligence and innovation sectors.

  • Highlighting Kenya's position as a leading technology hub, Ruto urged venture capital players to invest in the nation's innovation ecosystem.
  • Key figures involved include President William Ruto, Harmonic Innovation Group, the Nairobi International Financial Centre, and the United Nations Development Programme.
  • Kenya is establishing a dedicated AI investment vehicle under the Nairobi International Financial Centre to attract blended finance and scale homegrown innovation.

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