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June 18, 2026
2mo ago

Ruto, Trump Near Deal on Critical Minerals

Ruto, Trump Near Deal on Critical Minerals

Mrima Hills alone contains rare minerals estimated at about Ksh8.1 trillion, nearly double the country's national budget...

✨ Key Highlights

Kenya and the U.S. are nearing a significant deal concerning critical minerals, with a focus on preventing raw export and promoting local processing.

  • The minerals in Mrima Hill are estimated to be worth Ksh 8.1 trillion.
  • Key figures involved include President William Ruto and President Donald Trump.
  • The agreement emphasizes that minerals will be processed in Kenya, aligning with a broader African trend towards value addition.

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Part of the Day's Coverage

Kenya Secures G7-Backed Reforms at France Summit - June 2026

President William Ruto represented Kenya at the G7 Summit in France, securing benefits from G7-backed financial reforms aimed at reducing capital costs for developing nations. Kenya and Africa achieved significant outcomes at the G7 Summit in Évian, focusing on financial reform, critical minerals, infrastructure, health, and global governance. Separately, Kenya and the U.S. are nearing a significant deal concerning critical minerals, with a focus on preventing raw export and promoting local processing.

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