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Originally published by Nation Counties
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September 27, 2026
3h ago

Ruto bets big on industries to revive Coast economy

Ruto bets big on industries to revive Coast economy

President Ruto highlighted international interest in Kwale's rare earth and niobium deposits...

✨ Key Highlights

President William Ruto is prioritizing industrial investments to revitalize the Kenyan Coast's economy, moving away from its historical reliance on tourism.

  • The Sh11 billion Devki Group iron-ore processing plant in Manga, Taita-Taveta County, is complete and set for an official launch in November.
  • This development is part of a broader strategy to attract multibillion-shilling investments, including discussions with the US regarding critical minerals extraction in areas like Mrima Hill, which holds rare earth deposits worth an estimated $62.4 billion.
  • Additionally, President Ruto has announced plans to unlock Sh30 billion for the Mzima Two water supply project using the newly developed National Infrastructure Fund.

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