Kenya’s President to attend inaugural UK-Africa Investment Summit

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Queen Elizabeth II meets President Kenyatta at State Banquet at Buckingham Palace on April 20, 2018. President Uhuru Kenyatta will on January 20, 2020 attend the UK-Africa Investment Summit in London. PHOTO | COURTESY | STANDARD
Queen Elizabeth II meets President Kenyatta at State Banquet at Buckingham Palace on April 20, 2018. President Uhuru Kenyatta will on January 20, 2020 attend the UK-Africa Investment Summit in London. PHOTO | COURTESY | STANDARD

President Uhuru Kenyatta will on Monday, attend the UK-Africa Investment Summit in London. It is the first ever summit will be hosted by British Prime Minister Boris Johnson.  The crucial meeting marks a major milestone in the UK’s push to become the largest investor in Africa.

The event will bring together at least 20 African Heads of State, business leaders and their international counterparts as well as Ambassadors and High Commissioners in the UK.

President Kenyatta will hold bilateral and multilateral meetings that will galvanise support for Kenya’s Big 4 Agenda.

The ultimate objective of the President’s engagements in London is to stimulate initiatives that will boost Kenya’s economic growth and accelerate job creation to Kenyans.

The launch of the Green Bond at the London Securities Exchange (LSE) by President Kenyatta is one of the highlights during the summit.

This event esteems Kenya among her peers trading on the Green Bond on the LSE.

President Kenyatta is also expected to meet with the Duke and Duchess of Cambridge, Prince William and Kate Middleton, at the Buckingham Palace on behalf of Her Majesty The Queen.

The meeting between the President and the Duke of Cambridge will focus on wildlife conversation, especially the ongoing global war against illegal poaching of elephants and rhinos in Africa.

As a business and economic hub in East Africa, Kenya hopes to spearhead the transition to a comprehensive Kenya-UK trade agreement by June 2021.

This agreement is fashioned in line with the operationally applicable and development-friendly World Trade Organization (WTO) requirements.

The agreement is expected to facilitate increased bilateral trade flows between Kenya and the UK.

 

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