President William Ruto has announced securing more than KSh20 billion in investment commitments from the European Union during his tour of Europe. The pledges were made on Monday after talks in Brussels.
The president accepted KSh15.3 billion under the EU-Kenya digital partnership. He also welcomed KSh5.5 billion for the Africa extension of the Blue Raman submarine cable project. The investments will accelerate Kenya's digital transformation and create opportunities for youth and businesses. Ruto spoke after talks with European Commission Executive Vice-President Henna Virkkunen. Officials also reviewed progress under the EU-Kenya Economic Partnership Agreement. Under the deal, Kenya's exports to the EU have grown by more than 20 per cent since it entered into force.
