Erick Ruto, the President of the Kenya National Chamber of Commerce and Industry, Hailed Somali investors for the huge sums of money they have injected in Nairobi over the last 20 years.
He revealed this on Monday during a meeting with officials from Somalia’s Chamber of Commerce.
Ruto said that investments by Somali investors in the Kenyan capital have surpassed the $1.5 billion mark in the last two decades.
His speech highlights the strong financial ties between Somali investors and Kenya.
This significant investment not only underscores the growing economic relationship but also sets the stage for deeper collaboration.
The newly signed deal to boost cross-border trade, expos, and skills training could further strengthen these ties, benefiting both countries by promoting trade opportunities, fostering business growth, and improving skill development across industries.
It’s a positive step toward greater regional economic integration in East Africa.