Biden Moves to Secure Chips Act Funding for Kenya’s Ruto
- US envisions new technological bond between the two nations
- Google, Teneo executives attend White House meeting with Ruto
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The US is proposing to make Kenya the first country in Africa to benefit from funding in the Chips and Science Act, according to White House officials, underscoring the countries’ desire to cement tech industry relationships.
President Joe Biden’s administration intends to work with Congress to commit $1 million in assistance for Kenya to support assembly, testing and packaging in the semiconductor sector, according to a fact sheet. The $280 billion landmark law is aimed at bolstering domestic chipmaking through billions in subsidies and incentives.