Kenya to hold an investment roadshow in the US aimed at wooing investors
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Kenya to hold an investment roadshow in New York City, US aimed at wooing investors according to Trade CS Moses Kuria
Kenya to hold an investment roadshow in New York City, US aimed at wooing investors according to Trade CS Moses Kuria.
Trade Cabinet Secretary Moses Kuria, has announced that he will head a high-level business delegation to the USA in order to advance trade and bilateral ties between Kenya and the USA.
Kuria announced in a statement on Saturday, April 22, that there would be a trade and investment roadshow in New York City and a bilateral strategic dialogue in Washington, D.C., both of which will be targeted at selling investment opportunities to American investors.
Through the investment roadshow themed ‘Why Kenya, why Africa’, the delegation seeks to highlight the potential of investment opportunities in Kenya and Africa and the conducive business environment tailored for investors.
“Kenya will use the forum to strengthen bilateral ties with the U.S. by exploring new areas of cooperation in investment, trade, security, and other areas of mutual interest,” read the statement in part.
Adding that “The trade and investment roadshow in New York is in response to the formidable case presented by U.S. Ambassador to Kenya Meg Whitman, during the AmCham Business Summit held in Nairobi from 29th-30th March 2023,”
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According to Kuria, networking events and other organized meetings would be used to leverage the Kenya International Investment Conference (KIICO 2023), which will be held in Nairobi from May 29th to May 31st, 2023.
Kuria together with Foreign Affairs CS Alfred Mutua will also meet US Secretary of State Antony Blinken in a meeting aimed at increasing trade between the two countries.
“The discussion on Economic Prosperity will be led by U.S Secretary of State Antony Blinken and Kenya’s Foreign and Diaspora Affairs Cabinet Secretary, Dr. Alfred Mutua.
“It will seek to reaffirm U.S.-Kenya commitment to the three main agreed areas for economic collaboration namely; increasing two-way trade and investment, overcoming policy obstacles to economic growth, and building a long-term trade relationship,” the statement added.
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