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Entrepreneur's Corner

Alibaba’s Jack Ma Coming to Meet Youth in Nairobi

BY Soko Directory Team · July 19, 2017 09:07 am

Jack Ma, Founder and the executive chairman of Alibaba.com is coming for a two-day visit to Kenya in a capacity as the United Nations Conference on Trade and Development (UNCTAD) special adviser on youth entrepreneurship.

Ma is expected to land in the country today, and this is the first time that the self-made billionaire will be setting foot in Africa, Nairobi is his first destination.

Together with UNCTAD Secretary General Dr. Mukhisa Kituyi, Jack Ma will meet with young entrepreneurs to find ways in which they can be included in the global trade.

UNCTAD will work with Ma to explore opportunities with local businesses to participate in global trade, raise awareness about the 2030 Agenda for Sustainable Development.

“He brings to the continent a visionary approach to entrepreneurship, a thirst for learning, and a belief in a better world for young people,” UNCTAD Secretary-General Mukhisa Kituyi said in a statement.

Last year, Ma was named special advisor for youth entrepreneurship by UNCTAD for Youth Entrepreneurship and Small Business.

The public lecture will be on July 20th at the Chandaria Centre for Performing Arts at the University of Nairobi towers, Main Campus at 2.00pm.

Jack Ma has been an inspiration to a lot of people across the globe with his success story that is so incredible.

According to Forbes, Jack is worth an estimated $29 billion and this includes his 7.8 percent stake in the Alibaba Group, China’s answer to Amazon, and close to 50 percent stake in the payment-processing service, Alipay.

The Business man will be in Africa for three days, from July 19 to 21, where he is also expected to grace the Youth Connekt Africa Summit in Rwanda.

The summit will bring together over 1,500 participants including government officials, entrepreneurs, investors, multinationals, and startups shaping the African technological ecosystem to discuss methods of using technology to drive Africa’s economic growth.

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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