Kenya Government takes steps to strengthen Kenya-UK trade and economic ties

The Kenya High Commission, London in collaboration with DMA have the pleasure in announcing September’s Kenya-UK Trade & Investment Forum 2016. Focusing on strengthening trade and economic relations between Kenya and the United Kingdom, the Forum is scheduled to take place over three days, culminating with a Forum on 15th September.

Amb.(Dr.) Amina Mohamed, the Cabinet Secretary for Foreign Affairs of Kenya, will lead a strong Government delegation composed of Cabinet Secretaries, Principle Secretaries, key parastatals and Heads of provate sector bodies to showcase the many investment opportunities that Kenya offers to the UK and international investors. And as East Africa’s largest economy – contributing close to 50% of the region’s GDP – with a strategic geographical location, Kenya represents one of the world’s most favourable destinations for foreign direct investment.

“Kenya is the eighth largest economy in Africa and also the most diversified in the Region,” shared H.E Mr. Lazarus Amayo, High Commissioner of the Republic of Kenya to the United Kingdom. “The country has recorded impressive economic growth rates in the recent past. It became a low middle income country following the rebasing in 2014. The Economy has continued to be robust growing at 5.3% in 2014, 5.6% in 2015 and is projected to register a 6% growth in 2016. In 2015 Kenya’s Gross Domestic Production (GDP) was estimated to be 63.40 billion US dollars giving a GDP per capita of 1,376.7 US dollars.”

Through plenary and more targeted sessions, the Kenya-UK Trade & Investment Forum 2016 will focus on investment opportunities under Kenya’s Vision 2030 – the national development plan. The Plan aims at enhancing public investment in key economic sectors such as agriculture, energy, information communication technology, manufacturing, and improving economic performance, modernising infrastructure and building partnerships for a long term sustainable economy.

The Forum will therefore profile the major business sectors of the Kenyan economy – energy & petroleum, infrastructure & ICT, manufacturing & agriculture – providing a unique opportunity for delegates to engage with Cabinet Secretaries and Senior Government Officials from Kenya.

DMA was privileged to host the first UK-Kenya Trade & Investment Forum, in 2013 and the country’s first Diaspora Invest summit in 2012 on the sidelines of the London Olympics with the distinguished prescense of the former President Mwai Kibaki as part of the 50th anniversary of Kenya’s independence celebrations and looks forward to a successful Forum in September 2016.

To register your interest in this invite-only event, please email [email protected].

ENDS

Notes for Editors

DMA is one of the world’s leading investment promotion groups – having hosted over 300 heads of states and cabinet ministers and secured over $12 billion in new investment into emerging markets in the past decade.

DMA can offer further pictures and interviewees

For further information, please contact:
Henrietta Baidoo Tel: 020 3 117 2500 / email: [email protected]