President Ruto advocates for collaboration on clean energy, trade, and investment with Saudi Arabia
President William Ruto has called for enhanced collaboration
between Saudi Arabia and Africa in the development and sustainable exploitation
of clean energy.
Ruto, who joined other African Heads of State in Saudi Arabia
for a meeting chaired by Crown Prince Mohamed bin Salman, said the region can
go a long way in tapping into sustainable green energy while rooting for more
resources to Africa.
He added that the continent is keen on forging a stronger
trade and investment partnership with Arab nations to foster regional and
global stability.
"This will also support effective responses to the global
crisis. This emerging market is hungry for development, yet abounds with
attractive investment opportunities," he said.
Ruto, who represented the African delegation, further pointed
out the need for Arab nations to explore investment opportunities in the
African Continental Free Trade Area agreement and make Kenya their gateway.
"I see much potential for us to strengthen our
complementarities in this sphere and institute a vast belt of peace, security,
stability and prosperity covering the Middle East and Africa," he said.
He further urged Saudi Arabia to invest its capital in African
financial institutions to enhance the continent's ability to withstand economic
turbulence.
Through partnerships in education, training, and human capital
development, the President underscored Saudi Arabia and Africa's joint effort
to cultivate skilled workers, promoting sustained productivity and
competitiveness.
"The two neighbors have a huge young population and in 30
years we shall have 30 percent of global workforce from our region," he
said.
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