The regional American Chamber of Commerce Kenya (AmCham) Business Summit’s fourth edition has officially started in Nairobi, Kenya, with the theme ‘Catalyzing The Future of U.S.-East Africa Trade and Investment.’
The two-day Summit, hosted by AmCham, has brought together delegates from the United States of America, East and Sub-Saharan Africa to discuss accelerating trade and investment between the regions.
The opening ceremony had key guests such as the U.S. Secretary of Commerce, Hon. Gina M. Raimondo, and Kenya’s Cabinet Secretary in the Ministry of Investments, Trade, and Industry, Hon. Rebecca Miano. Ambassador Meg Whitman, United States Ambassador to Kenya, Luis Ortega, President of Coca-Cola Africa and Summit Diamond Sponsor, and Peter Ngahu, AmCham Board President, were also in attendance.
In her keynote speech, Hon. Rebecca Miano highlighted the strong relationship between Kenya and the U.S. over the last 60 years and the recent STIP MoU signed to promote business opportunities.
She emphasized the importance of the partnership between Kenya and the U.S. in various sectors like infrastructure, health, renewable energy, and the digital economy, to drive economic growth and prosperity.
Ambassador Meg Whitman pointed out investment opportunities in Kenya, emphasizing reforms and partnerships to unlock the country’s economic potential and her optimism about the economic prospects in Kenya.
She mentioned that President Dr. William Ruto and U.S. Secretary of Commerce, Hon. Gina M. Raimondo, would announce new deals highlighting the economic ties between the U.S. and Kenya.
Peter Ngahu, AmCham Board President, highlighted the Summit’s importance in fostering trade and investment relationships between the U.S., Kenya, and the broader East Africa region, showcasing significant investments from the U.S. private sector following the previous year’s Summit.
The Summit aims to provide opportunities for trade and investment, facilitate matchmaking, and close deals to drive economic growth and prosperity in all regions.
The event signifies the strong ties between Kenya and the U.S., with both parties committed to enhancing business partnerships and addressing investment-related challenges to achieve mutual growth and success.