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Enough Exporting Raw Materials: Time for a New Economic Model, Says Kenyan President

Enough Exporting Raw Materials: Time for a New Economic Model, Says Kenyan President

Sputnik Africa

Enough Exporting Raw Materials: Time for a New Economic Model, Says Kenyan President"The protracted conflicts on our continent continue to hold Africa back... 05.12.2025, Sputnik Africa

2025-12-05T19:59+0100

2025-12-05T19:59+0100

2025-12-05T20:04+0100

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Enough Exporting Raw Materials: Time for a New Economic Model, Says Kenyan President"The protracted conflicts on our continent continue to hold Africa back. Our current 3% share of global trade is stark evidence of how far we remain from our potential," said William Ruto, present in Washington during the signing of agreements between the United States, the DRC, and Rwanda.He expressed his conviction that peace in the DRC would offer the continent immense economic opportunities."Africa has exported raw materials only to import refined products at great cost. Our Regional Economic Integration Framework is a historic chance to reverse this—to build value chains in minerals, manufacturing, and agri-processing, creating jobs and retaining wealth in the region. The Great Lakes Region stands at the threshold of a new era. Peace will open the door. Integration will guide us through it, and private sector dynamism will propel us forward," he added.Subscribe to @sputnik_africa Sputnik Africa | X

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