Chivayo says US$200 million Kenya investment is taking shape after meeting President Ruto

Chivayo says US$200 million Kenya investment is taking shape after meeting President Ruto

Yesha

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Zimbabwean businessman Wicknell Chivayo says his long-standing plan to invest about US$200 million in Kenya through infrastructure projects is now moving towards implementation following a meeting with Kenyan President William Ruto.

In a post on social media, Chivayo said he spent almost three hours with Ruto during an evening meeting focused on business, investment, infrastructure development and Africa’s economic potential.

Chivayo described Ruto as a leader with a strong focus on investment, infrastructure and entrepreneurship, saying their discussions reinforced his interest in expanding his business presence in Kenya.

According to Chivayo, the planned US$200 million investment will be channelled into various infrastructure development projects. He said the initiative is intended to create employment, strengthen infrastructure and contribute to Kenya’s economic development.

“What started as discussions, ideas and possibilities is steadily becoming reality,” Chivayo said.

He described the proposed investment as part of his broader vision of African capital being used to finance development projects on the continent.

The businessman also said Kenya remains one of Africa’s most attractive investment destinations and indicated that he plans to significantly expand his business footprint in the country.

However, Chivayo did not provide details of the specific projects, their locations, investment timelines or the companies that would undertake them. His post also did not indicate whether a formal investment agreement had been signed during the meeting.

The meeting also took a political turn, with Chivayo publicly expressing support for Ruto ahead of Kenya’s 2027 presidential election.

Chivayo joked that although he is Zimbabwean by birth, his “voter’s card is already waiting in Nairobi”, declaring: “MR PRESIDENT, YOU HAVE MY VOTE.”

Kenya’s 2027 election is expected to be held in August 2027, with Ruto eligible to seek a second and final five-year term under Kenya’s constitutional framework.

Chivayo’s comments come as Kenya continues to position itself as a regional investment and infrastructure hub, while seeking increased private-sector participation in major development projects.

The US$200 million figure represents a significant proposed private investment, but further details will be needed to establish the scope and status of the projects Chivayo says are coming to fruition.

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