William Samoei Ruto, PhD
William Samoei Ruto, PhD|Aug 21, 2025 09:58
Kenya has signed various development cooperation documents at the ongoing Tokyo International Conference on African Development, TICAD, in Yokohama City, Japan. They include the Statement of Intent on the Samurai Bond, a financial instrument issued by foreign entities in the Japanese capital markets, signed between our National Treasury and Nippon Export and Investment Insurance. Our plan to access financing in the Japanese capital markets is a leap forward in our innovative policy of diversifying resource mobilisation for priority national development and transformation. We also signed a Letter of Intent and Concept Note to Accelerate Access to Cefiderocol, a crucial antibiotic approved for effective treatment of bacterial pneumonia, in Kenya. The agreement also provides for the supply of the medicine with support from the Global Antibiotic Research and Development Foundation. It was signed between Kenya's Ministry of Health and Shionogi and Co. Ltd of Japan, which specialises in pharmaceutical research, development and manufacturing. Also signed is a Memorandum of Cooperation on Human Resource Development between the Kenya Industrial Research and Development Institution and the Japanese Ministry of Economy, Trade and Industry. Attended the ceremony for signed cooperation documents at TICAD 9, Yokohama City.(William Samoei Ruto, PhD)
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