Working agreement to boost business in Kenya

30/03/2011 - Kenya property & investment news Posted by Neil King
Working agreement to boost business in Kenya
Investment in Kenya is set to drive the country's small and medium enterprises (SMEs) to grow.

According to Capital FM Kenya, the Kenya Investment Authority and the Chinese South-South Global Technology Assets and Equity Exchange have signed a working agreement to help Kenyan SMEs to work with their overseas counterparts.

The project should help to improve people's livelihoods. But it will also help to turn Kenya's smaller companies into large successful firms with some help from investors and advisors.

Susan Kikwai, KenInvest managing director, told the news source: "These are people that are willing to come in and help our tomato farmers to process their crops to tomato paste or sauce by bringing in partners not just from China but any part of the world who know how to do it best."

Meanwhile, the programme's operations director Fan Jianguo said that KenInvest should help to educate overseas investors in order to match them with suitable companies. ADNFCR-2019-ID-800481537-ADNFCR