President William Ruto on Tuesday met with top executives from Access Bank, the new investors in the National Bank of Kenya, to explore ways to strengthen the country’s economic transformation.
Access Bank, a global financial services institution with operations in over 20 countries across Africa, Europe, and Asia, is positioning itself to play a significant role in Kenya’s development agenda.
During the meeting, discussions focused on opportunities for the bank’s participation in Kenya’s National Infrastructure Fund and Sovereign Wealth Fund.
President Ruto highlighted the potential of these strategic financial instruments to accelerate the country’s transition from a third-world to a first-world economy.
The engagement, led by Access Bank Plc Group Managing Director Roosevelt Ogbonna and National Bank of Kenya Managing Director George Odhiambo, emphasized the importance of aligning financial resources with national development priorities.
“We agreed on the need to channel investment towards sectors that support sustainable growth and long-term economic transformation,” Ruto said.
The collaboration signals Kenya’s commitment to leveraging both local and international financial expertise to fund large-scale infrastructure projects, support industrialisation, and expand social services.
This development also underscores the government’s focus on attracting strategic investors capable of supporting economic diversification and job creation.
By integrating financial institutions into national development plans, Kenya aims to strengthen resource mobilisation and improve efficiency in executing critical projects across the country.
President Ruto expressed optimism that the partnership would advance Kenya’s broader economic ambitions while fostering investor confidence in the country’s growth trajectory.