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NEWS & CURRENT AFFAIRS

The Nairobian

South to South business summit to open in Nairobi

Business

By George Orido | Nov 19, 2016

Hundreds of top business executives are set to arrived in the country for the Latin America, Carribean (LAC) and Africa Business Summit set for Tuesday next week at Safari Park Hotel.

The LAC Africa Business Summit, the first in Africa, is aimed at creating and strengthening trade ties between African, Latin American Caribbean countries so as to improve the economies of both continents, tapping into new and unexplored markets and potential.

The Summit’s core concept is business-to-business and business to government sessions to allow for direct and personal networking and discussions between counterparts.

This first ever LAC Africa Summit is taking place in Nairobi, Kenya and will focus on boosting trade between the two continents.

According to the organisers, the LAC Africa Summit is intended to be an annual event alternating between the LAC and Africa aimed at ensuring mutually beneficial trade and economic growth.

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“The Summit has seven themes and each theme will be addressed in Keynote Sessions and Breakout Sessions. Meet-ups will then enable delegates to meet individually in personalized meetings with counterparts of their choosing from each sector,” says Solvedtech’s Director Timothy Kanatha who is part of the team organising the Summit.

The main themes for the Summit are Food and Beverage, Agriculture and Agribusiness, Manufacturing, Extractive Industries, Infrastructure, Finance, ICT and Tourism.

The Summit is officially endorsed by the tripartite states COMESA, EAC, SADC who will also participate in the conference.

“The Summit will be a one stop shop for many entrepreneurs who would want to grow their business by getting new ideas across continents and to deal with the current global challenges affecting business,” said the Summit Director Nerea Musita who has welcomed all delegates attending promising a fruitful sessions at the event.

She said now is the opportune time to maximize and capitalize on the hunger of increasing our economies, by ensuring south to south cooperation with emphasis on trade, where we can enhance the technical skills for the trade and investment opportunities coming on to our continent and push for trade and investments.