Ruto seeking US partnership in space technology
Ruto seeking US partnership in space technology to elevate Kenya's status on a global scale
Ruto seeking US partnership in space technology to elevate Kenya’s status on a global scale.
The government has committed to enacting policies to enhance space technology in the nation, according to President William Ruto.
Hussein Mohamed, a spokesperson for the State House, said in a statement on December 15 that the action will improve Kenya’s standing internationally.
Ruto made the announcement in a high-level roundtable at Arizona State University’s Thunderbird School of Management.
The summit, which included business executives and stakeholders from a range of industries, had as its main goal to promote Kenya as one of the most attractive investment locations for the plentiful US money.
The stakeholders also discussed ways of scaling the Konza Technopolis also known as the Silicon Savannah.
The Head of State emphasized that US investors’ investment and collaboration will be necessary for the country to progress its space technology.
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Before attending the Arizona meeting, Ruto had earlier addressed the US-Africa Summit on ‘The Future of Africa’s Trade and Investment.’
He urged the US to increase investment in the continent and take advantage of the vast population and business opportunities in the continent.
“The US should take advantage of the African Continental Free Trade Area (AfCFTA) which is on the cusp of take-off.”
“There is also the availability of labour and green energy potential in Africa to drive prosperity on a global scale,” Ruto urged investors.
He also outlined why Kenya is the best place to invest in the continent.
“Kenya is one of the most favourable investment destinations for the abundant US capital.”
“This is because there is a competitive advantage brought by maturing constitutional democracy and a well-developed financial and commercial ecosystem,” the President reiterated.
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