Kenyan President Uhuru Kenyatta Discusses Cooperation with Africa50 Delegation

2 March 2018

President Uhuru Kenyatta on Thursday met executives from specialised lender Africa50 Fund, focused on support for Kenya’s infrastructure development.

The Morocco-based Africa50 Fund’s shareholders are 25 African government, two African central banks and the Africa Development Bank (AfDB).

The delegation was led by Chief Executive Officer Alain Ebobisse and included Chief Operating Officer Carole Wamuyu Wainaina.

They discussed on enablers for the President’s Big Four of ensuring no Kenyan goes hungry, many more people have roofs over their heads, more jobs sparked by increased manufacturing and value addition, and affordable healthcare for all.

The agency is looking to invest in sectors key to achieving the Big Four, such as infrastructure, and power generation and transmission.

The fund is also exploring ways to participate in improvements of Kenyan airports, and especially the Jomo Kenyatta International Airport (JKIA).

Uhuru welcomed the Fund’s interest in investing in Kenya.

He said Kenya was ready to partner with the Fund and private sector agencies in mobilizing resources in order to achieve its agenda of bringing development and prosperity to its citizens.

Also present during the talks were National Treasury Cabinet Secretary Henry Rotich, his Energy counterpart Charles Keter and Head of Public Service Joseph Kinyua.

Category: Media Coverage