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Chinese investors tour Kenya’s infrastructure and agro sectors; Ruto plans $50B state asset sales via IPOs.
Chinese investors are exploring opportunities in Kenya’s infrastructure and agriculture, with a delegation led by Fortune Generation’s Martin Hang assessing roads, ports, energy, and agro-processing.
Kenya is offering tax incentives to attract foreign investment, while officials highlight potential for Chinese funding to improve regional transport networks.
Meanwhile, President William Ruto announced plans to raise Ksh5 trillion by selling stakes in state-owned firms, including the Kenya Pipeline Company and Safaricom, via transparent IPOs regulated by the Capital Markets Authority.
Ruto emphasized that these moves promote citizen ownership, economic transformation, and reduced borrowing, despite criticism over feasibility and transparency.
Los inversionistas chinos recorren los sectores de infraestructura y agro de Kenia; Ruto planea ventas de activos estatales de $ 50 mil millones a través de IPO.