Urgent.News

What's breaking now, across thousands of outlets.

World

Zimbabwean tycoon Chivayo says $200m Kenya investment is finally taking shape after Ruto meeting

NAIROBI, Kenya,Sep 9— Zimbabwean businessman Wicknell Chivayo says his planned US$200 million investment in Kenya through infrastructure projects is finally moving from discussions to reality following a nearly three-hour meeting…

Nairobi, Kenya - Zimbabwean businessman Wicknell Chivayo announced that his planned $200 million investment in Kenya through infrastructure projects is moving from discussion to reality following a meeting with President William Ruto. The two met for nearly three hours at State House, Nairobi, where Chivayo described the conversation as an opportunity to discuss business, investment, infrastructure development, and Africa's economic potential.

Chivayo said the investment plan, which he had long envisioned, would involve various infrastructure development projects in Kenya. He expressed excitement about the opportunities ahead and his commitment to bringing private capital into projects that create employment and strengthen infrastructure. However, Chivayo did not provide specifics about the projects, companies involved, or any formal agreements reached during the meeting.

The meeting also saw Chivayo praising President Ruto's leadership, highlighting his energy, vision, work ethic, and determination to transform Kenya. Chivayo sees Kenya as an attractive investment destination and plans to expand his business presence in the country.

Written by urgent.news from Capital FM Kenya's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at capitalfm.africa →

More in World

More from Wednesday 9 September →