Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
The President said the African continent has one of the highly innovative and skilled youthful manpower which if properly deployed, has the potential to tilt the world economy/PSCU

Kenya

Youth is Africa’s largest untapped resource, President Kenyatta says

President Kenyatta spoke on Monday at State House, Nairobi when he and First Lady Margaret Kenyatta hosted a state banquet in honour of the visiting German President Frank-Walter Steinmeier.

NAIROBI, Kenya, Feb 25 – President Uhuru Kenyatta has said young people are Africa’s biggest untapped resource that countries seeking to invest on the continent ought to prioritize.

The President said the African continent has one of the highly innovative and skilled youthful manpower which if properly deployed, has the potential to tilt the world economy.

“We always look at the continent (Africa) and look at its resources that lie below the ground but I want to assure you the greatest resource we have is not what is below the ground but it is the men and women that God has given us who given an opportunity can help transform not just their respective countries and continent but the world at large,” the President said.

President Kenyatta spoke on Monday at State House, Nairobi when he and First Lady Margaret Kenyatta hosted a state banquet in honour of the visiting German President Frank-Walter Steinmeier.

The Head of State said the first ever visit to Kenya by a German President was historic adding that Kenya was keen on benefitting from a technology transfer arrangement with the European nation.

Besides technology, the President said Kenya and Germany were pursuing avenues for more people-to-people interactions and enriching cultural exchanges.

“Kenya is a country of great diverse and rich culture and we have no intention of losing it but Germany too is a country which is bestowed with a deep and rich culture and these cultures should not be antagonistic to each other but should be a source of joy and deeper partnership between our two people,” he said.

The President, who was joined at the banquet by Deputy President William Ruto and opposition leader Raila Odinga, said Kenya will continue working closely with Germany in ensuring global peace, stability and security.

He said economic prosperity would not be achieved if nations are not able to establish structures for peaceful co-existence.

“We live in a difficult neighbourhood but we also know that to survive and to prosper we need to work with our neighbours. Germany too believes that to survive and prosper it cannot do it alone you need partners. And Kenya is here to say that we want to be a willing partner for Germany,” President Kenyatta said.

Advertisement. Scroll to continue reading.

President Steinmeier said the world is faced with a myriad of challenges that can largely be solved through partnerships.

He singled out climate change as an issue that requires a collective approach by all global actors to manage.

“We are the first generation to live in an age in which humanity is able to irreversibly change the living conditions on the planet.

“Only the concept of a global order offers the opportunity to formulate persuasive answers to the challenges of the anthropocene. Africa and Europe need one another if they are to find these answers  as part of the international community,” the German President said.

President Steinmeier said it is only through deeper international cooperation that countries will be able to effectively deal with the effects of climate change.

He said Germany has a lot to learn from Kenya’s innovativeness especially in the energy and telecommunications sectors where the country has made tremendous progress.

“We Germans can learn a great deal in and from Kenya. How solar energy can be used to power cargo bikes, how mobile phone based electronic payment systems work and how an upcoming start-up sector is producing sustainable fashion,” the German leader told an audience that included several senior government officials, diplomats and businessmen.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Headlines

NAIROBI, Kenya, Mar 16 – The World Bank has given the Kenyan government USD 60 Million (Sh6.1 billion) to help combat the deadly coronavirus pandemic...