Kenya and US announce new trade and investment partnership

Kenya and the United States have signed a trade and investment partnership, reaffirming their mutual commitment to deepening trade partnerships between Nairobi and Washington.

The agreements signed on Friday during the Kenya-US Business Forum between US Secretary of Commerce Gina Raimondo and Kenyan Cabinet Secretary for Investment, Trade and Industry Rebecca Miano are aimed at facilitating trade and investment between the two sides.

“This partnership, with strong private sector participation, aims to promote a strong business-friendly environment and facilitate trade and investment opportunities in Kenya, focusing on key priority sectors including infrastructure, agriculture and the digital economy,” Miano said

United States Raimondo reiterated that her country is fully committed to working with Kenya by strengthening business cooperation.

“I look forward to bringing this partnership to life and delivering tangible benefits to citizens and businesses in both Kenya and the United States,” Raimondo noted

She said American businesses are more enthusiastic than ever to engage with and invest more in Kenya and Africa in general.

“Africa is changing the narrative. There is currently a narrative that Africa is the land of opportunity,” she said