The Cabinet Secretary of the Ministry of East Africa Affairs Commerce & Tourism announced that Kenya will host the second edition of the Kenya International Investment Conference (KIICO) in Nairobi on 23rd-25th November 2015. As part of the Ministry of East African Affairs Commerce and Tourism’s Make It Kenya campaign, the country is hosting KIICO, as Kenya continues to drive and facilitate high levels of global investor interest across the country.
According to the African Development Bank, investment into Kenya more than doubled to $1.2 billion in the past year.
Hosted by the Ministry of East African Affairs Commerce & Tourism through its Agency Kenya Investment Authority (Ken Invest), in partnership with East Africa, Trade and Investment Hub, IFC, Oxford Business Group (OBG), Kenya Private Sector Alliance (KEPSA), Kenya National Chamber of Commerce & Industry (KNCCI).
The conference returns once more to Kenya’s International Convention Center (KICC). Speaking at the official launch of KIIC0 2015, Phyllis Kandie, Cabinet Secretary of the Ministry of East African Affairs, Commerce and Tourism, said, “Kenya is a model investment destination and we are confident KIICO 2015 will spur continued growth of FDI into the country, as we create a platform to connect global investors with key growth opportunities across East Africa’s fastest growing nation. A global event now in its second year, KIICO has solidified Kenya’s reputation as the region’s top meeting place for companies and investors eager to grow their business and make proven returns on investment in East Africa. KIICO 2015 is expected to draw in more than 1,500 local and international delegates and press attendees from around the world. Speaking during the conference launch, Dr.
Moses Ikiara, Managing Director, Ken Invest, said, “Kenya is attracting a multitude of global investors and over the past 12 months, we have seen a marked rise in interest in the agribusiness, ICT, apparels & textiles, leather and renewable energy sectors. To facilitate this interest, KIICO 2015 is highlighting these key growth sectors, as we aim to encourage businesses to ‘Think Investment – Make It Kenya’ – the central theme of this year’s conference. ”With a streamlined focus for this year’s KIICO, we foresee a high uptake of investment opportunities in 2015 and beyond,” concluded Ikiara.
Alongside KIICO and as part of the Make It Kenya campaign, the country will continue to roll out a series of measures to enhance the ease and cost of doing business, with the Kenya Investment Authority (Ken Invest) taking major steps, including the opening of a one-stop-shop investor center later this year in Nairobi, to build positive investor sentiment across the continent.