US pleads to Ruto over China’s dominance in Kenyan Market
US pleads to Ruto over China’s dominance in Kenyan Market urging the president to ensure a level playing ground for American companies.
Meg Whitman, the US ambassador to Kenya, has encouraged President William Ruto’s administration to level the playing field so that American businesses can have the same possibilities to invest in Kenya as Chinese companies.
Whitman reaffirmed Secretary of State Antony Blinken’s assertion that Kenyans should be given more opportunity to do business with Americans in his remarks during an interview with the Daily Nation.
Whitman reaffirmed that Washington is still committed to working with Nairobi to strengthen the bilateral relationship.
“Secretary [of State Antony] Blinken was very clear when he was here in October 2021 that we didn’t want to say to Kenyans ‘you can’t do business with China but give Kenyans an opportunity to do more business with Americans.”
“And so, we are interested in making sure there is a level playing field for American companies and making sure that American companies understand the opportunity in Kenya,” she stated.
In addition, the US ambassador also expressed her desire to see an increase in exports from Kenya to America.
“One of the things that I’d very much like to see is exports from Kenya to the US improve significantly. It’s important for Kenya because of the foreign exchange reserves and the opportunity for American companies to import to Kenya,” he stated.
Whitman, one of the wealthiest women in the US, disclosed the meeting with US President Joe Biden that convinced her to accept the position and basically give up her leadership roles in multibillion-dollar corporations.
Her current net worth, as reported by Forbes, is Ksh373 billion ($3.1 billion).
“Biden told me: Kenya is one of the most important countries in Africa, and so I’d like you to take up a post there. The other thing that I think would be a good fit for you and the United States is that Kenya is the East African leader in technology; with the mobile money services and the start-up community,” she stated.
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