Invest Africa CEO appointed as member of Kenya National Investment Council


Earlier this month, the Kenya Gazette announced that Karen Taylor, CEO of Invest Africa, has been appointed a member of the National Investment Council by the President of the Republic of Kenya, William Ruto.

Team members include Sitoyo Lopokoiyit, Managing Director of M-Pesa Africa, Peter Njonjo, CEO of Twiga Food, and Humphrey Kariuki, an African entrepreneur.

Karen’s appointment to the National Investment Council is a recognition of Invest Africa’s continued commitment to boosting Kenya’s economic growth through the promotion of the private sector. The National Investment Council’s main responsibilities include positioning Kenya as the best destination for foreign direct investment, advising the government on trade and investment opportunities, and promoting cooperation between the public and private sectors. This includes generating greater economic growth.

About her appointment, Karen said: In my post, along with her fellow private sector advisors, we identify trade and investment opportunities to accelerate economic development in Kenya. ”

Kenya’s appointment is the culmination of a year of expansion for Invest Africa across new markets and sectors.

Earlier this year, Invest Africa hosted a series of African roadshows, starting with the UAE, followed by a successful Dubai Expo, followed by its first investor mission since Covid-19, bringing 37 companies to Tanzania. rice field. A week later, the organization was in Cape Town for a mining series, with Guest of Honor, President Hichilema of Zambia.

On 6 July, Invest Africa will host the 8th Annual Africa Roundtable at the Guildhall in London, bringing together over 350 business and policy leaders from over 40 countries to discuss the most pressing challenges facing the continent. We discussed social and economic issues.

Shortly after the summer, Invest in Africa held its first program of events alongside the United Nations General Assembly, hosting the US-Africa Forum in New York with its sister organization, Invest in Africa, USA, welcoming Namibian President Geingob.

Invest Africa also collaborated with Fidelity Bank at the inaugural International Trade and Creative Connect Forum in London in November to strengthen trade ties between the UK and Nigeria. This complements ongoing work with the UK government initiative Growth Gateway (https://bit.ly/3C8Mqn5) to facilitate trade and investment ties between UK and African markets.

(with input from APO)



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