IFC joins Kenya in national transformation

The International Finance Corporation on Friday met with President William Ruto to discuss how to strengthen the role of the private sector.  

IFC managing director Mahktar Diop said the private sector involvement in trade would make it greater as IFC is interested in growing its investment in Kenya.

He said the private sectors have a role in boosting food security and furthering the green transition.

“We plan to work with the private sector to achieve our objectives on water. They can build the dams, we can buy the water for irrigation and the IFC can help us put it all together,” he said.

Diop urged Ruto to be Africa's voice for the private sector.

He said the Africa Continental Free Trade Africa would be Africa's great opportunity to involve the private sector in transformation.

Other areas of cooperation will include digitisation and agricultural inputs.