President Cyril Ramaphosa with Kenyan President William Ruto at the Joint South Africa-Kenya Business Forum in Johannesburg during the Kenyan State Visit to South Africa on Thursday night.
Kenya and South Africa have pledged to deepen cooperation in digital innovation, financial services and investment as the two economic powerhouses seek to position themselves at the forefront of Africa's next wave of growth.
Addressing the Joint South Africa-Kenya Business Forum on Thursday night, Kenyan President William Ruto and President Cyril Ramaphosa highlighted the growing importance of technology, capital markets and cross-border investment in advancing continental integration under the African Continental Free Trade Area (AfCFTA).
Ruto said Kenya and South Africa were uniquely placed to shape Africa's digital future by combining their respective strengths in financial innovation and capital markets.
"Kenya leads the continent in fintech, mobile money and digital financial inclusion, while South Africa hosts one of Africa's most sophisticated capital markets," he said.
