Barack Obama announces Sh100 billion support for entrepreneurship worldwide

Presidents Barack Obama (left) and Uhuru Kenyatta (centre) join a panel of investors at the opening ceremony of the Global Entrepreneurship Summit in Gigiri, Nairobi. (Photo:Andrew Kilonzi/Standard)

President Barack Obama and President Uhuru Kenyatta opened the 6th annual Global Entrepreneurship Summit (GES), co-hosted by the United States and the Government of Kenya in Gigiri and announced a Sh100billion kitty to promote entrepreneurship in Africa.

In less than 12 hours after arriving in Kenya, President Obama, accompanied by dozens of presidential entrepreneurship ambassadors, deleivered goodies which will go a long way in improving Kenya and other African countries.