Saudi Arabia Crown Picks Kenya as Gateway to Pumping Billions in Africa

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Crown Prince of Saudi Arabia Mohammed Bin Salman on Tuesday, October 24 picked Kenya as a gateway for African development.

The Crown Prince made it clear that Saudi Arabia was keen to use Kenya as a platform to channel development in Africa worth billions.

“We have to pay closer attention to it; it is a country with a future,” he stated.

In Kenya, The Crown Prince announced that Saudi was more interested in diverting funds into the renewable energy sector.

He made the remark at the King Abdul Aziz International Conference Centre in Riyadh where he held talks with President William Ruto.

President William Ruto at the Investment Initiative conference at the King Abdul Aziz International Conference Centre in Riyadh, Saudi Arabia on Tuesday October 24, 2023.Photo/PSC.

President Ruto said Africa has made progress in economic growth, regional cooperation, and democratization.

However, he regretted that insecurity, violence, and terrorism risk slugging the advancements.

“We must come up with a lasting solution to the conflicts in Africa if we are to progress further, said President Ruto.

He called for more cooperation from the globe to tame the crisis.

In particular, the President urged Saudi Arabia to step forward to make Africa more peaceful because of “our shared vision”.

“We have a long-standing tie, yet we have not explored it fully.”

On his side, the Crown Prince exuded confidence that Saudi Arabia will work with Kenya to spur regional stability.

“We definitely need security in East Africa and Red Sea. If Kenya is a success, then Africa is,” explained the Crown Prince.

 

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