Kenya set for investors’ conference next week

Cabinet Secretary for East African Affairs, Commerce and Tourism Phyllis Kandie (left), Chairman of the Chairperson of KenInvest Anne Kirima-Muchoki (second from right) and the Managing Director of Kenya Investment Authority (KenInvest) Dr.Moses Ikiara at the TelePosta building on Monday,October 27 during a press conference on the forthcoming Kenya International Investment conference (KIICO). PHOTO:COLLINS KWEYU/STANDARD

Kenya is expecting thousands of investors next week for the second edition of the annual Kenya International Investment Conference, KIICO as the country shrugs off a sluggish year worsened by high interest rates and currency shocks.

Already, several investors from Africa, Asia, North America and the Middle East have confirmed attendance and the country is expecting significant deals for much needed foreign direct investment to be inked.