Friday, December 6, 2024 - Prime Cabinet Secretary Musalia Mudavadi has expressed confidence that Kenya’s economy is on an upward trajectory thanks to President William Ruto.
In a
statement, Mudavadi pointed out economic indicators that show there
is positive growth in the economic sector.
“Kenya proudly boasts the most
open and dynamic financial sector in the region and on the continent. Investors
can be confident in their ability to freely repatriate their hard-earned
returns without worry.”
“I highlighted Kenya’s position
as an economic powerhouse, with Kenyan financial institutions operating over
550 branches across the region. This showcases our role as a key economic hub
on the continent.
“Kenya remains steadfast in its
commitment to being the gateway to East Africa and the broader African market.
Guided by our Vision 2030, we are transforming into a newly industrializing,
middle-income economy,” Mudavadi said while speaking at the 5th German-African
Business Summit (GABS 2024).
According to the Acting Interior
CS, Kenya can attain sustainable development goals if it works closely with
other partners.
“We are also working hand-in-hand with global partners to achieve the United Nations Sustainable Development Goals (SDGs), particularly in clean energy, climate action, and inclusive growth.
Collaborations with German enterprises are critical to
realizing these shared ambitions,” he added.
Particularly, Mudavadi lauded
the close cooperation Kenya has had with Germany over the years.
The Kenyan DAILY POST
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