FEATURED STORY

Kenya attracts billionaires ahead of Obama visit

Share
Share

President Uhuru Kenyatta has welcomed US President Barack Obama to Kenya, terming East Africa’s biggest economy as a hub for investment and trade.

Speaking via a video posted on his page, the president said we would work with the US president in the forthcoming Global Entrepreneurship Summit. “I look forward to welcoming you to Kenya and to opportunity,” he said in the video.

Uhuru spoke over the weekend when he met a group of billionaire foreign investors led by Virgin Airlines’ Richard Branson and Strive Masiyiwa, founder and chair of Econet Wireless.

President Kenyatta said Kenya believes in the power of possibility and is committed to ensuring entrepreneurs achieve their dreams. He also said that Kenya is setting up the biggest infrastructural project in Africa and has a trailblazing mobile money transfer technology.

SEE ALSO: HOW OBAMA WILL SPEND HIS TIME IN KENYA

“Kenya represents the growth of the African continent and is a hub for investment, commerce, trade and tourism,” the President said. “Kenya epitomizes the transformation power of possibility. A land known for its Savanna now earning international repute as Silicon Savanna, where the vibrancy of the economy is matched only by the verve of our youth,” he added.

With some 2,000 entrepreneurs and investors from across the globe, President Uhuru Kenyatta and US President Barack Obama are expected to co-host the 6th Global Entrepreneurship Summit at the United Nations Complex in Gigiri on July 25 and 26.

NEXT READ: TATU CITY BEGINS CONSTRUCTION OF RESIDENTIAL PHASE

Written by
COLLINS OGUTU -

The writer, a correspondent with Business Today, is a football commentator and finds the money factor in the game. Email him at: [email protected]

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Follow Us

Related Articles
Milka Moraa with Affordable Housing Board officials
FEATURED STORY

Milkah Moraa, Woman Humiliated By City Pastor, To Get Affordable Housing Unit

Milka Moraa Tegisi,  a woman from Mukuru kwa Njenga slums who was...

Kenya Airways repair accreditation
FEATURED STORY

Kenya Airways to Service European Planes After Key Certification

Kenya Airways (KQ) has attained another milestone with the European Union Aviation...

Affordable Housing Project in Bomet
FEATURED STORY

How Affordable Housing Project In My Town Transformed My Life: Beneficiaries Tell Their Stories

The story of John Kipkorir, a 39-year-old renowned welder in Bomet town,...

KCB Platinum Multi-Currency Card
FEATURED STORY

KCB, Mastercard Unveil Kenya’s First Prepaid Card Supporting 11 Currencies

KCB Bank Kenya, in collaboration with Mastercard, has launched Kenya's only multi-currency...