US billionaire Bill Gates cleared to set regional headquarters in Nairobi
Ruto administration clears US billionaire Bill Gates to set regional headquarters in Nairobi, Kenya
Ruto administration clears US billionaire Bill Gates to set regional headquarters in Nairobi, Kenya.
President William Ruto’s Cabinet On Tuesday, June 27 approved the Bill and Melinda Gates Foundation, run by billionaires Bill Gates and Melinda French, to set up their operations in Kenya.
According to cabinet resolutions, Ruto allowed the US billionaires to set up the foundation’s regional offices in Kenya.
The Cabinet observed that allowing Kenya to host the foundation will support his administration in providing quality healthcare.
Ruto also announced that setting up a hosting centre for the Bill and Melinda Gates Foundation will incentivise investors and bolster more collaborations.
“The Cabinet also confirmed the hosting of the Bill and Melinda Gates Foundation in Kenya, furthering Government’s commitment to affordable and quality healthcare.
“The importance of working with the private sector in the areas of Universal Healthcare informed the decision to host the Gates Foundation,” a despatch from the meeting read in part.
The Bill and Melinda Gates Foundation was established in 2000 to assist various communities throughout the world in gaining access to high-quality, reasonably priced healthcare.
The foundation is anticipated to promote innovations, bolster multinational firms, and establish market incentives in addition to enhancing healthcare.
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The President Ruto administration anticipates that opening the administrative office in Kenya would also give it access to information that will aid the Kenya Kwanza government in overcoming a number of obstacles.
The setting up of the regional office in Nairobi followed a meeting between Ruto and Bill Gates in Nairobi on November 16, 2022.
Ruto declared during the meeting that the regional office will improve and expand the Foundation’s efforts in Kenyan healthcare, agriculture, and ICT.
“We appreciate the Gate’s Foundation support for crucial initiatives in Kenya’s Health, Agriculture and ICT sectors. We look forward to more collaboration on food security and universal health coverage,” Ruto stated.
The Head of State added that Kenya was committed to allocating more resources to community health workers to enhance primary healthcare.
On the other hand, Bill Gates commended the Head of State while imploring him to revitalise Hustler Fund, which he argued was key to financial empowerment.
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