The first ever East African German Business Summit which is currently ongoing was opened at 10 am this morning by the Deputy President, William Ruto, at the Intercontinental Hotel in Nairobi (Read his speech here.).
Horst Köhler , the former German President, led the German delegation. He also got to pay a courtesy call on the president, Uhuru Kenyatta.
The aim of the East African German Business Summit is to give a new impetus to German business ties with Kenya and the East African region. Already, more than 100 German companies have invested or are active in Kenya, still more in the region. Recently, major German companies like Bosch or KHS have set up new offices or upscaled existing ones in Nairobi, joining many other important German companies in the German Business Association in Kenya.
— EastAfricanCommunity (@jumuiya) June 4, 2014
German Ambassador to Kenya, Mr. Andreas Peschke, said ahead of the Business Forum:
“This East African German Business Summit is a golden opportunity to give a new drive to our economic relations. More trade and more investment is in the interest of both East Africa with Kenya as its leading economy, and Germany. It creates jobs, it creates development, it creates mutual opportunities. We want to do more, and we will do more.”
The event was graced by other high-ranking Kenyan officials including the Cabinet Secretary for Foreign Affairs and International Trade, Ambassador Amina Mohamed, and the Governor of Nairobi, Dr. Evans Kidero.
It was organized jointly by the Delegation of German Industry and Commerce, the Kenya Private Sector Alliance, the Kenya Association of Manufacturers, and the East African Business Council in partnership with the Kenya Investment Authority.
— GermanEmbassyNairobi (@GermanyinKenya) June 4, 2014
In consultation at the East African-German Business Colloquium at Intercontinental Hotel Nairobi earlier today pic.twitter.com/5Uisil7dB6
— AMB:Amina Mohamed (@AMB_A_Mohammed) June 4, 2014