Ruto, Macron Oversee KSh150 Billion Kenya-France Deals on Ports and Energy

President William Ruto and his French counterpart Emmanuel Macron have witnessed the signing of investment agreements worth approximately KSh150 billion aimed at strengthening cooperation between Kenya and France in key sectors including transport, energy, and infrastructure.

The agreements were signed during President Ruto’s official visit to France, with both leaders pledging deeper economic ties and enhanced collaboration to accelerate development projects in Kenya.

Major Port and Energy Projects Take Centre Stage

Among the flagship agreements is a major investment targeting the modernization and expansion of port infrastructure, a move expected to boost trade efficiency and enhance Kenya’s position as a regional logistics hub.

The deals also focus heavily on energy development, with both nations committing to support projects aimed at improving electricity access, sustainability, and energy reliability. The investments are expected to strengthen Kenya’s clean energy ambitions while supporting industrial growth.

Officials noted that the agreements are designed to spur economic growth, create employment opportunities, and improve service delivery in strategic sectors.

Strengthening Kenya-France Relations

Speaking during the signing ceremony, President Ruto described the partnership as a significant milestone in advancing Kenya’s economic transformation agenda through strategic international cooperation.

President Macron reaffirmed France’s commitment to strengthening bilateral ties with Kenya, noting that the agreements reflect growing confidence in Kenya’s economic potential and investment climate.

Focus on Economic Growth and Infrastructure

The new partnerships are expected to inject fresh momentum into Kenya’s infrastructure expansion plans while opening opportunities for increased trade and foreign investment.