The Deputy President of Kenya, H.E Dr. William Ruto visited London from 7th – 8th February 2019 to advance bilateral trade and investment and cement existing cooperation frameworks as well as explore new opportunities ahead of Brexit.
During the visit, the Deputy President hosted a Kenya Business Forum on 7th February 2019 where he welcomed the assurance by the United Kingdom (UK) Government that trade relations between the two countries will continue uninterrupted after Brexit. He called for continued engagement with UK investors and outlined the achievements made by the Government of Kenya in facilitating business in the country. Key among them being the improved infrastructure and regulatory reforms which have enabled the country to move to position 61 in 2018 as opposed to 136 in 2013 in the World Bank Ease of Doing Business ranking. He assured the UK investors that Kenya will continue to enhance the existing conducive business environment and target to be under 50 in the report by 2020.
The Deputy President underscored the strong bilateral relations between Kenya and the UK and therefore called for the two countries to deepen collaboration in areas of mutual interest. He urged the investors to support the Kenya’s Big Four Agenda which provides immense opportunities.
Further, the Deputy President emphasized that Kenya remains an attractive destination for Foreign Direct Investment and many Multinationals have strategically positioned their regional offices in Nairobi with the aim of tapping into the huge market access opportunities within the East African Community (EAC) and the soon to be implemented African Continental Free Trade Area (AfCFTA).
The meeting was attended by key UK business executives representing Kenya’s priority sectors including renewable energy, telecommunications, manufacturing, housing, agriculture, health and financial services among others. The High Commissioner of Kenya to the United Kingdom Amb. Manoah Esipisu, MBS was also in attendance.
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