Kenya, Qatar Sign $2bn Investment Deal

Kenya signed a Memorandum of Understanding with the Qatar Financial Centre to attract over USD 2 billion (KSh 258.4 billion) in investment by 2028. President William Ruto, attending the World Summit for Social Development in Doha, said the partnership will boost infrastructure, green energy, housing, and fintech. He noted that expanding Kenya’s energy capacity to 10,000 MW and constructing 50 megadam projects will drive food security, industrialization, and sustainable growth through private-sector collaboration.