President Uhuru Kenyatta is set to travel to London, United Kingdom on Monday for the UK-Africa Investment Summit.
The meeting will bring together leaders from different corners of Africa as the UK looks forward to becoming the largest investor in the continent amid stiff competition from US and China among other nations of the World.Some of the countries that will be part of the meeting include Cote d’Ivoire, Mauritania, Malawi, Algeria, Angola, Nigeria, Ghana, Egypt and Ethiopia.UK Trade Commissioner for Africa, Emma De-Smith has confirmed the invitation of Kenya and other countries to the summit. De-Smith said that the African continent shares cordial ties with the UK. She also revealed that the UK government wants to empower African nations through trade ties. She noted that the government has set aside 36 billion pounds (Ksh4.7 trillion), which will be invested in different sectors in the African continent.“The opportunities are growing across the continent where we see some of the fastest-growing economies over a number of years. Seeing these economies diverse and mature, it means new sectors are opening up, including sectors where the UK has a lot of experience and expertise. We think that this makes it ripe for partnership,” she said. President Kenyatta is expected to use the forum to strengthen bilateral ties between Kenyan and other countries. He is also set to enter into pacts with UK and other African nations.