Kenya woos African investors to hasten economic growth

Source: Xinhua| 2019-07-17 20:41:32|Editor: xuxin
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NAIROBI, June 17 (Xinhua) -- Kenya on Wednesday urged investors from east and south Africa to explore investment opportunities in the country's strategic sectors.

Kenyan President Uhuru Kenyatta said during the launch of 21st COMESA International Trade Fair and High Level Business Summit that Kenya has created a friendly investment climate.

Kenyatta said that Kenyan is a leader in imports and exports of agricultural, horticultural and floriculture products, making it a strategic area for investors in different sectors of the economy.

He said the government has undertaken legal and policy reforms aimed at making Kenya one of the most attractive investment destinations in the world.

Kenyatta urged COMESA members to take advantage of the African Continental Free Trade Area (AfCFTA) to boost their socio-economic transformation.

The Common Market for Eastern and Southern Africa (COMESA) is a regional economic organization in Africa, with 21 members including Djibouti, Democratic Republic of the Congo, Egypt, Eritrea, Ethiopia, Eswatini, Kenya, Madagascar, Malawi, Mauritius, Sudan, Zambia, Zimbabwe, Rwanda, Burundi, the Comoros, Libya, Seychelles, Uganda, Tunisia and Somalia.

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