Ruto Okays New Law Setting Aside Billions in Oil and Mineral Wealth for Future Generations

President William Ruto has signed the Sovereign Wealth Fund Act, 2026 into law, establishing Kenya's first national savings fund to manage resource wealth for future generations.

Ruto assents to Sovereign Wealth Fund Bill

President William Ruto has assented to the Sovereign Wealth Fund Bill, 2026, into law, establishing Kenya's inaugural fund for investing public wealth. The signing ceremony took place at State House, Nairobi, on Wednesday.

Ruto signs County Allocation of Revenue Bill into law

Counties to share Sh428 billion as Ruto signs county allocation of Revenue Bill 2026

President William Ruto has signed the County Allocation of Revenue Bill, 2026, paving the way for a record Sh428 billion to be disbursed to Kenya's 47 county governments.

Ruto calls for equal partnerships with wealthy nations, says era of aid is over

President William Ruto has declared an end to Africa's era of dependency on wealthy nations, advocating for partnerships based on sovereign equality and mutual benefit.

Mining PS moves to Shield Oversight Roles in Sovereign Wealth Fund Bill

Kenya's State Department for Mining is proposing amendments to the Sovereign Wealth Fund Bill, 2026, including a 1% Mineral Development Levy, to boost mineral exploration and research.