Olaf Scholz pledges to help Kenyan economy thrive

Chancellor of Germany Olaf Scholz said Kenya is a true friend and stable country in Africa whose economy must be helped to thrive.

Scholz made the remarks on Tuesday, as he also committed to support Kenya in its attempt to better penetrate the European Union market.

“The better access to Europe will help Kenyan firms to produce and sell more. This will accelerate employment creation and support more lives,” he said.

The German Chancellor was addressing media at his office in Bundeskanzleramt in Berlin after holding talks with Kenyan President William Ruto.

Scholz noted that Kenya continues to make indispensable contribution in peace and security in the Horn of Africa, as he added: “We will support Kenya more on this cause as well as in its push to tackling the climate change crisis.”

On his part, President Ruto expressed his appreciation for Germany’s support in capacity building to facilitate Kenya’s products into the European markets.

He invited more German companies to invest in value addition of raw materials in Kenya.

“We invite the German private sector to explore the many untapped opportunities in Kenya. We are ready to forge closer ties and maximize collaboration between the German and Kenyan private sectors to realize the trade potential between our nations,” he said.

“We value the role that Germany has played in enabling Kenya work towards realizing its development agenda,” the Kenyan leader observed.

Furthermore, Ruto explained that Kenya is ready to supply skilled and quality labour under an acceptable framework to Europe.