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Originally published by Capital News
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September 9, 2026
2h ago

US hails Ruto’s investment strategy as bold, progressive

US hails Ruto’s investment strategy as bold, progressive

Garcia said Washington was shifting its engagement with Africa from traditional aid-based relations towards trade and investment...

✨ Key Highlights

The United States has lauded President William Ruto's investment strategy as "bold" and progressive, positioning Kenya as a key gateway to Africa's expanding market.

  • The US is shifting its engagement with Africa from aid to trade and investment, fostering mutually beneficial commercial partnerships.
  • Assistant Secretary of State for African Affairs Frank Garcia highlighted reforms in transfer pricing, cybercrime, and strategic goods control as evidence of Kenya's improved investment climate.
  • Notable new US investments include Sabre's $81 million agreement with Kenya Airways and Pfizer's introduction of 15 new cancer treatment products.

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