Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Africa
Economy

Saudi Arabia wants Kenya as African gateway

27 Oct 2023 - by Staff reporter
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

Saudi Arabia is set to use Kenya as a strategic entry point into Africa to expand its sphere of influence on the continent, according to the Kingdom’s Crown Prince, Mohammed Bin Salman.

During a meeting with Kenya’s President William Ruto this week, he said Kenya was a cornerstone of stability and growth in Africa.

The two leaders met at the King Abdul Aziz International Conference Centre in Riyadh, at the Future Investment Initiative Institute (FII) conference.  The FII is a non-profit organisation run by the Public Investment Fund, Saudi Arabia's main sovereign wealth fund.

Bin Salman said Kenya was a model country and Saudi Arabia was committed to pushing for more investments in Kenya, particularly in the renewable energy sector.

"We have to pay closer attention to it; it is a country with a future," he said after his meeting with Ruto.

He added that Saudi Arabia would use Kenya as a platform to broaden its forays into broader Africa as well.

Another common concern between the two leaders is that of security, with Kenya embroiled in a battle with the Islamic extremist group, Al Shabaab, which aims to unite ethnic Somali-inhabited areas of Djibouti, Kenya, Ethiopia and Somalia into a single state under its version of Sharia law.

Saudi Arabia has committed to work with Kenya to establish regional stability.

"We need security in East Africa and the Red Sea. If Kenya is a success, then Africa is," Bin Salman said.

"We must come up with a lasting solution to the conflicts in Africa if we are to progress further. We have long-standing ties with Saudi Arabia, yet we have not explored them fully," Ruto said.

He urged Saudi Arabia to step forward to make Africa more peaceful and prosperous because of 'the shared vision' they have.

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

Rates storm looms as Suez eyes reuptake of volume

Logistics

A sudden rediversion of global traffic through the Suez Canal would unleash surplus tonnage back into regular trade lanes.

09 May 2025
0 Comments

SA pork producers fear US leverage over citrus and tariffs

Imports and Exports

The primary responsibility remains the protection of the local industry from PRRS outbreaks.

09 May 2025
0 Comments

Ramaphosa outlines second phase of Operation Vulindlela

Logistics

The government would deepen the implementation of current reforms in energy and logistics.

09 May 2025
0 Comments

Carrier pulls out of crucial cargo flights for Red Sea destinations

Air Freight

Disruption is particularly acute in Sudan, where civil conflict has devastated infrastructure.

09 May 2025
0 Comments

Proposed cabotage rules in line with 91 other countries

Sea Freight

“No ship, other than a South African-owned ship, is permitted to engage in coastwise traffic for the conveyance of goods between ports in SA.”

09 May 2025
0 Comments

Fuel-crime curbing causes tanker build-up at Moz border

Border Beat
08 May 2025
0 Comments

Agri processing and farm logistics under spotlight at Nampo

Imports and Exports

More than 200 light aircraft, including helicopters and small twin-prop planes, are expected to fly in.

08 May 2025
0 Comments

Saudi Arabian operator evaluates Port of Durban investment

Logistics

The brownfield development opportunity in Maydon Wharf spans 145 hectares and features 15 berths.

08 May 2025
0 Comments

Preferred bidders for Port of RB’s South Dunes Precinct announced

Logistics

TNPA said it forms part of its masterplan for ports in KwaZulu-Natal.

08 May 2025
0 Comments

Shipyard turns to humanoids to sail ahead

Logistics

This move is seen as a significant step in the industry’s push towards automation.

08 May 2025
0 Comments

AD Ports group signs Suez Canal deal

Imports and Exports

The company has committed $120 million for the initial development and feasibility studies.

08 May 2025
0 Comments

Drones strike Port Sudan

Imports and Exports

The city’s port and airport precinct have been targeted in the attacks over the past four days.

08 May 2025
0 Comments
  • More

FeatureClick to view

Sea Freight May 2025

Border Beat

The N4 Maputo Corridor crossing – congestion, crime and potholes
12 May 2025
Fuel-crime curbing causes tanker build-up at Moz border
08 May 2025
Border police turn the tide on illegal crossings
29 Apr 2025
More

Featured Jobs

New

Junior Finance Manager (SAICA)

Tiger Recruitment
East Rand
14 May
New

Sales Co-Ordinator

Lee Botti & Associates
Cape Town
14 May

Estimator

Switch Recruit
Cape Town
12 May
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us