William Samoei Ruto, PhD
William Samoei Ruto, PhD|12月 03, 2025 19:57
Held talks with the Chief Executive Officer of the United States International Development Finance Corporation (DFC), Ben Black, Washington, D.C., the United States. We welcome the DFC’s willingness to increase its scope of engagement with Kenya in the areas of food security, infrastructure, energy and ICT. This mutually beneficial partnership aligns with our national priorities and supports our drive for sustainable growth. There is strong potential for collaboration in energy, especially in geothermal, wind and solar, to reinforce our renewable power base. We also see room for joint work in infrastructure development, including the expansion of key roads, ports and the modernisation of Jomo Kenyatta International Airport. DFC is also keen to invest in our proposed National Infrastructure Fund, which will help accelerate strategic projects across the country. To further support our engagements, DFC has agreed to send a representative to be based in Nairobi from January 2026. We also appreciate DFC for agreeing to proceed with the $1 billion debt-for-food security swap to allow us to replace costly existing debt with lower-cost financing.(William Samoei Ruto, PhD)
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