President Dr. William Ruto will officially open the Nyanza International Investment Conference on June 28th-29th, 2024. The two-day event will take place in Kisumu, bringing together local and international investors, national and county government officials, and the private sector. The goal is to explore and promote investment opportunities in the Nyanza region.

Cabinet Secretary for Information, Communications, and the Digital Economy, Eliud Owalo, stated that President Ruto will lead a delegation of investors to highlight the region’s untapped potential. According to Owalo, the conference aims to identify current and potential development challenges and convert them into investment opportunities.

The conference aligns with the government’s directive to encourage public-private partnerships (PPP) to boost investments and stimulate economic growth. Key areas of focus will include infrastructure, technology, health, and agriculture.

Governors from the six Nyanza counties—Kisumu, Siaya, Migori, Homa Bay, Kisii, and Nyamira—will be present to sign agreements with potential investors. Some key projects, such as the Koru-Soin Dam and the Lake Victoria Ring Road, will be showcased to investors as part of the government’s efforts to enhance PPPs.

The Lake Victoria Ring Road, which runs from Busia to Migori along the Kenya-Tanzania border, has completed its design and received approval. This road is expected to open up the Nyanza region for trade and investment, creating job opportunities for the youth.

Owalo also highlighted that the push for PPPs is gaining traction, noting that Cabinet Secretary for Water, Zacharia Njeru, has started negotiations with Indonesian investors to fund the Koru-Soin Dam’s construction. “The CS for Water has just returned from Indonesia, where he negotiated a PPP with investors. This will unlock funding to complete the stalled project,” he said.

The Koru-Soin Dam, designed to draw water from upstream River Nyando, is a priority for the Kenya Kwanza government. The project aims to manage flooding in Nyando, generate electricity, and improve water distribution in Kisumu and Kericho counties.

After attending a church service at St. Christopher ACK Church in Koru, Kisumu County, Owalo urged local residents to support President Ruto. He emphasized the President’s commitment to the region’s development, a sentiment echoed by Kenya’s Ambassador to Egypt, Fred Outa. Outa noted that President Ruto has made 138 appointments from the region, including a Cabinet position, two Principal Secretary slots, three ambassadorial positions, and various roles in parastatals and regional development agencies.

Kisumu Senator Prof. Tom Ojienda also called on the community to avoid divisive politics and work with the current government to advance regional development. “This region has lagged behind in development for many years. We must now embrace and work with the government of the day to unlock development,” he said.