Nairobi, Tuesday, November 10 – US ambassador to Kenya Megan Whitman has emphasised the need for collaboration between Kenya and America in a bid to boost the economy.
Speaking during a curtesy call to Trade Cabinet Secretary Rebeccah Miano, the envoy stated that this will further unlock new opportunities.
Miano highlighted the vital role of a robust partnership between the Ministry and the U.S. Embassy, emphasizing its potential to bolster inbound investments to Kenya and act as a catalyst for increased industrialization and trade promotion.
“Our strengthened collaboration with the U.S. is key to unlocking new opportunities for Kenya’s economic growth,” she said.
Ambassador Whitman, in turn, emphasized Kenya’s strategic significance as the gateway to Africa, noting the availability of about 90% electricity from renewable energy and its substantial growth, making it an optimal platform for American trade and investment.
She particularly underscored Kenya’s potential in global supply chain diversification, citing the apparel sector as a prime example amid supply disruptions triggered by the Covid-19 pandemic and the Russia-Ukraine war.
“Kenya presents a compelling case for global supply chain diversification, especially in the wake of recent disruptions. The country’s resilience and strategic advantages make it an attractive destination for American businesses,” Whitman stated.
The discussions delved into the apparel Sector Leveraging Kenya’s renewable energy and young population for supply chain diversification.
They also talked about modernization of agriculture highlighting opportunities in pyrethrum, potatoes, cotton, and solar-powered irrigation and water storage information Communication Technology (ICT) identifying areas of interest for the U.S. market and improving the Investment Climate: A commitment to creating an environment conducive to investment.
Looking ahead, both the Trade Cabinet Secretary and Ambassador Whitman committed to deepening the strategic business dialogue between Kenya and the U.S., with a specific focus on facilitating small businesses, and leveraging existing relations between the two countries for the mutual benefit of Kenyans and Americans.
Miano extended an invitation to businessmen and tourists to witness and enjoy the offerings of Nairobi, now recognized as the world’s best city to visit and invest.
