Kenya Has a New President

Thousands gathered this past Tuesday in Kenya's capital Nairobi, to watch Dr. William Samoi Ruto sworn in as Kenya's fifth president. The inauguration comes one month after a closely contested general election, which resulted in Ruto's opponent Raila Odinga challenging his win in Kenya's highest court. The Supreme Court, in proceedings that were broadcast live on all major Kenyan news channels, ruled that the election was free and fair, clearing the path for day's events. 

President Ruto behind a fountain fireworks, holds up a ceremonial sword as he is sworn in to office at a ceremony held at Kasarani stadium in Nairobi. Brian Inganga/AP

 The 55-year-old former deputy president hailed the day as "a moment like no other"; a "village boy" had become president.

We send our hearty congratulations to President Ruto.

What the Ruto Presidency Could Mean for East Africa

In his inaugural speech, President Ruto said his government is "fully committed to the implementation of the EAC treaty and its protocols of free movement of people, goods and services, and the full actualisation of the Africa Continental Free Trade Area (AfCFTA)."

Ruto during his inaugural address. Photo credit: The Nation

"My government commits to create a business-friendly environment, eradicate barriers that hamper business development and growth, and make Kenya one of the most compelling and attractive business destinations," he added.

This is of particular interest and importance to us as we look to expand our African infrastructure to deliver across the continent. Established in 2018, AfCFTA, which has over 40 member countries, is the largest free-trade area by the number of member states after the World Trade Organization and has the largest geographic size and population, spanning 1.3 billion people. This is an enormous opportunity for us as we launch our Kenya e-commerce website in the coming weeks. More on this soon.

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