NAIROBI, Jan. 23 (Xinhua) -- Kenya plans to leverage the World Chamber Forum-Africa Global Summit 2025 scheduled to take place in April in Nairobi, the Kenyan capital, to boost foreign direct investment.
Abraham Korir Sing'Oei, principal secretary in the Ministry of Foreign and Diaspora Affairs, said Thursday that the summit represents a pivotal moment in the country's commitment to increasing private investments and channeling them into priority sectors of the national development blueprint.
"We are committed to leveraging on the summit to cement our position as the commercial gateway to East Africa as well as the rest of the continent," Sing'Oei said.
He vowed to work with other African investment promotion agencies to utilize the platform to showcase the continent as a unified investment destination.
Hosted in conjunction with the Kenya National Chamber of Commerce and Industry, a trade lobby, the three-day inaugural Africa Global Summit will bring together more than 4,500 delegates from 70 countries, including heads of state and government, entrepreneurs and innovators under the theme "Africa's Global Future: Integrated, Innovative and Sustainable."
Abubakar Hassan Abubakar, principal secretary in the Ministry of Investments, Trade and Industry, said the summit is expected to bring unprecedented opportunities to Kenya, including direct access to potential investors and partners from across the globe as well as practical insights into navigating the African Continental Free Trade Area (AfCFTA).
He noted that the meeting will display to investors Kenya's selected public-private partnership projects across key sectors such as transport, energy, urban development and digital infrastructure that are well-structured, bankable, and ready for implementation. ■