Kenya is targeting an expansion of its electricity generation capacity toward 10,000 megawatts over the next seven years. The strategy aims to expand national energy supply and attract international capital into high-growth sectors. Speaking at the American Chamber of Commerce (AmCham) Business Summit, President William Ruto outlined the country’s energy roadmap, noting that the planned capacity boost will unlock vast opportunities across geothermal energy, electricity transmission, battery storage, industrial power, green hydrogen, and electric mobility. “In the energy sector, we are expanding national generation capacity towards 10,000 MW over the next seven years,” Ruto said Calling on Private Capital for Economic Transformation Addressing global corporate leaders, President Ruto framed private enterprise as a core pillar of Kenya’s national development strategy. He noted that state resources alone cannot drive full-scale economic growth without commercial investments. “Government cannot deliver economic transformation alone. Our responsibility is to provide infrastructure, uphold predictable rules and create an enabling environment,” he said. “The private sector turns those foundations into factories, technologies, exports and jobs.” Ruto added that collaboration with the business community forms an indispensable part of Kenya’s long-term economic trajectory. “That is why o...
This page contains an attributed headline and the preview text supplied through the publisher’s RSS feed. Copyright in the original reporting belongs to Nairobi Wire.
