Raila woos Russian business to Kenya

June 21, 2012


The Forum has a heavy focus on the role of emerging economies in global governance/FILE
ST PETERSBURG, Jun 21 – Prime Minister Raila Odinga on Thursday joined world political and business leaders at the opening ceremony of the 2012 St Petersburg International Economic Forum that will feature two days of discussions on a range of issues including new energy regimes, Europe’s economic crisis and Africa’s emerging promise as the next investment destination.

The Forum has a heavy focus on the role of emerging economies in global governance, highlighting the strengths these promising economic powers in Africa, India and other parts of the world can use to shape the international agenda.

Odinga, who arrived in the Russian city of St Petersburg on Wednesday evening also held meetings with leaders of major business firms attending the conference, urging them to set up Africa operations in Nairobi.

The PM is set to host a reception for the Russian business community in St Petersburg where Kenya will showcase opportunities mostly in tourism, horticultural and Vision 2030 projects.

The PM will Friday address a session on Africa’s readiness for business with the rest of the world at a forum called Getting Down to Business in Sub-Saharan Africa.

The session will be exploring whether Africa which has been a bright spot for the global economy since the onset of the financial crisis, is actually ready to experience growth and play a role similar to that witnessed in Asia over the past decades and pull up the rest of the globe.

The PM will return to Nairobi at the weekend.

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