Kenyan President William Ruto advocates for deepening African integration to boost intra-continental trade, calling for increased funding to the African Development Fund. Kenya plans to invest in pan-African banks and the African Development Bank to enhance its shareholding. The China-backed Asian Infrastructure Investment Bank aims to invest $1 billion in African projects to boost infrastructure. The African Development Bank seeks to increase infrastructure funding to support accelerating African growth.
Kenya to invest Ksh.13.2 billion in African Development Bank https://t.co/295pFEALlY
Kenya to spend Ksh.13 billion ($100 million) to increase shareholding in 3 pan-African banks, President Ruto announces https://t.co/NIQYl71997
President William Ruto says that over the next 3 years, Kenya will pump US$100.0M in enhancing its shareholding in Africa Development Bank (AfDB), Afrexim Bank & the Trade & Development Bank (TDB). Also, Kenya has made a commitment of US$20.0M into the Africa Development Fund https://t.co/51fr4xbX6E
Kenya and Rwanda have common positions on the need for the reform of the international financial architecture. We hold the view that developing countries should access international financing at the same interest rate as developed nations. We also advocate long tenure and… https://t.co/lw8ovNHFey
President Ruto calls for Ksh.3.4 trillion funding to the African Development Fund https://t.co/8L6I1Ha9jE
It is urgent that African integration be deepened to spur increased intra-continental trade. This intervention will accelerate economic growth and generate more productive jobs for millions of our young people. At the Kenyatta International Convention Centre, Nairobi, for the… https://t.co/omFhGWf2AY
AfDB aims to boost infrastructure funding as African growth accelerates https://t.co/SrT2sYNANt https://t.co/sSGhQapYsV
The China-backed Asian Infrastructure Investment Bank plans to invest $1 billion in projects across Africa https://t.co/H4E6pne7OT
ICYMI: What to make of Kenyan President William Ruto's state visit to DC last week. https://t.co/j5NiVTHaoq
Ahead of the Kenyan President’s visit to the U.S., I urged for strong ties with African countries at @HouseForeign’s recent hearing on Africa. We must push back against isolationism & deepen substantive, mutually beneficial relationships with countries throughout the continent. https://t.co/pnENbsbisr
Kenya supports initiatives towards realising African Continental Free Trade Area, that is poised to unlock Africa's potential by enhancing economic integration and boosting intra-continental trade. This will drive significant economic growth, increase job opportunities, and… https://t.co/AYR9P1lHES