Deals -President William Ruto has announced his first breakthrough as the Korea Exim Bank which is funding many projects in Kenya signed a $238 million (Sh 31 billion) financing agreement for the implementation of the Konza Digital Media City.
This achievement, he noted, will provide an excellent digital media and entertainment platform for research and training at Kenya’s Silicon Savannah.
Other programmes in the pipeline include the dualling of the 78km Machakos Junction-Emali Road, water supply infrastructure to Konza and a vaccine production project.
The meeting saw the president meet Korea Exim Bank Chairman and President Yoon Hee-sung in Seoul, South Korea. Also present was Kakamega Governor Fernandes Barasa.
On Wednesday, June 5, Kenya formally joined the International Vaccine Institute (IVI) as a Member State. President William Ruto has made the official announcement.
In his statement on Wednesday June 5, President Ruto said this will strengthen Kenya’s resolve to achieve the much-required reliance in Vaccine production
“Increased vaccine availability will enhance the delivery of our primary healthcare and disease prevention. During the accession ceremony of Kenya at IVI headquarters in Seoul, South Korea, in the company of IVI Director-General Jerome Kim. IVI committed to establish a Country and Project Office in Nairobi, which will be dedicated to the operations of its Advancing Vaccines End-to-End Capabilities (AVEC),” he stated
Ruto used the opportunity in South Korea to addressed High Level Business Segment on Climate Change Response and Transition to Carbon-Free Energy in Seoul, South Korea.