UK trade body concludes Kenya mission

UK flag

British flag

from MARIA MACHARIA in Nairobi, Kenya
NAIROBI – THE United Kingdom Trade and Investment (UKTI) is satisfied with the just-ended Trade Mission to Kenya.

The Trade Mission, consisting of 20 companies, met with United Nations and donor agencies and discussed ways of working together including identifying projects of interest and drew insights on procurement frameworks.

The UK companies represented various sectors including energy, property and finance, communications solutions and education.

Speaking during the visit, the UKTI Aid Funded Business Service Project Director, Nigel Peters said, “I am delighted to be leading this mission of UK companies with experience in providing goods and services for the development and humanitarian aid agencies working in Kenya and the wider East African region.”

He said UK companies had for many years helped design long term development programmes in a wide range of sectors from agri-business through to water and sanitation, and at the same time we have many companies who specialise in innovative products that help the victims of humanitarian disasters. Many of these companies now work through local partners in Kenya.

Head of Department for International Development (DFID-Kenya), which co-hosted the mission, Lisa Phillips said the UK government recognised that the private sector is the engine of growth in developing countries.

“Successful businesses drive growth, create jobs and pay taxes that finance services and investment which is critical to achieving economic development that is accessible to the poor and resilient to future shocks,” she said.

With the UK’s strong track record of pioneering responsible business practices DFID, in particular, seeks to increase engagement with UK businesses so that they invest more, and responsibly, in poor countries as part of their core business strategies.

The UK companies also held a Business to Business session with DFID implementing partners among them Adam Smith International, Kenya Markets Trust, the Finance Innovation and Climate Fund-Kenya where they openly shared information on the services they provide and sought opportunities of partnership.

– CAJ News





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Posted by on Nov 4 2014. Filed under Finance, Finance & Banking, Investing, Investing. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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