In March 2018, Kenyan President Uhuru Kenyatta and opposition leader Raila Odinga ended years of political rivalry through a high-profile handshake agreement in Nairobi, aiming to stabilize the nation and foster development.
One year later, the country saw significant economic commitments from international partners. China pledged Sh15 billion for export processing zones, while the UK promised Sh50 billion in investments. The U.S. also strengthened ties, with President Trump pledging to boost Kenya's economy and regional partnerships.
Regional investments expanded as well, with over 30 Indian and 15 Chinese companies exploring opportunities. Local firms, including a major brewery, injected Sh15 billion into Nyanza and Western regions. However, these gains were tempered by allegations of corruption, including a Sh21 billion loss from two unfinished dams in Elgeyo-Marakwet.
While the accord initially attracted foreign capital, critics argue that unresolved graft cases threaten long-term investor confidence. Government agencies have pledged to address corruption, but transparency remains a key challenge for sustained progress.
