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Mon, 10 Jun 2019 10:17 - Updated Mon, 10 Jun 2019 10:17

Kenyan businesspeople survey Angolan market

Luanda -Several Kenyan businesspeople are expected to arrive in Luanda to take part in the Angola/Kenya Trade and Investment Conference to run from 21-26 July, in Angola.

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The expected Kenyan businesspeople are linked to various sectors such as education, health and agriculture and they also intend to survey the Angolan market, at a time that the country is seeking to diversify its economy and take advantage of the recently signed agreements between the two African nations.

According to the Kenyan newspaper “Daily Nation”, Kenya’s business mission in Angola is part of a programme aimed at stimulating private investment and taking advantage of Angola’s effort to overcome its dependence on oil.

According to the spokeswoman of the Conference, Anne Moraa, during their stay in Angola, the Kenyan businesspeople will learn about the local market and investment opportunities as well as take part in debates with potential partners and government officials.

In 2014, during a visit to Angola of the Kenyan Presiden, Uhuru Kenyatta, the governments of the two nations signed an agreement for the creation of a Joint Commission for Cooperation and a Memorandum of Understanding for Political Consultations, with view to establishing relations in the sectors of economy, science and culture among others.

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