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Kenya’s President assures French investors of support

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President Kenyatta was taken on a guided tour of Quartier Rive Gauche urban renewal and Station F innovation hub projects in downtown Paris/Presidential Press Service Unit(PSCU)

Kenya’s President Uhuru Kenyatta has encouraged French investors to choose Kenya as their preferred investment destination in Africa and assured them of the Kenyan Government’s support.

“As a Government, we will do everything that we can to facilitate you, to make it easy for you to do business in Kenya and in the region,” President Kenyatta told a meeting of French and Kenyan investors.

At the same time, the President acknowledged the growing number of French businesses setting up base in Nairobi saying the number had grown from less than 30 to over 100 in under ten years.

“I am very happy in the manner in which French companies have begun to aggressively get more and more involved in Kenya. There was a time, not so long ago, less than ten years ago, when we had very few French companies wanting to or willing to be based in Nairobi or to do business in Kenya. Today, we have well over 100 and more coming,” President Kenyatta said.

“I want to encourage and to tell you that we are open for business, we want to work together with you. I think there’s a great future both for France and Kenya from this partnership,” he added.

President Kenyatta spoke Friday in Paris during a France-Kenya business forum hosted by MEDEF, the largest French business consortium in the world.

At the luncheon attended by top executives of leading French companies, the President said Kenya is keen to continue attracting win-win business partnerships to enable the country attain its development aspirations.

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