The UK High Commissioner to Kenya, Nic Hailey, has been speaking at the Ease of Doing Business Initiative (EDBI) being held in the Safari Park Hotel in Nairobi.
During his address, Mr Hailey said that infrastructure, industrialisation and innovation were the three drivers of job creation in Africa.
Tweeting from the conference, Mr Hailey said that “Kenya’s growth exciting but more to do so business has right environment to create jobs”, adding that the UK is giving Ksh2.5 billion to improve Kenya’s investment climate.
With Kenya’s working age population growing 600,000 every year, Mr Hailey also Tweeted that only the private sector could create the jobs needed.
Kenya’s Treasury Cabinet Secretary Henry Rotich delivered the opening speech of the day on behalf of the Kenyan President Uhuru Kenyatta, and other speakers included Cabinet Secretary for Ministry of Industry, Investment and Trade, Adam Mohamed and Principal Secretary, State Department of Industry & Enterprise Development, Julius Korir.
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Hosted by the Kenyan government, the conference opened yesterday (3 May) and is scheduled to run until Friday (6 May).
The Ease of Doing Business Initiative conference
The EDBI Conference is a peer-to-peer learning event requested by African countries and supported by the World Bank Group, to facilitate knowledge sharing on Doing Business reforms.
It aims at showcasing and facilitating replication of best practice, best fit in reforming, ideas, opinions and expertise on the legal and institutional framework underpinning successful business environment reforms in order to help pave the way for bigger and better business and increased investment flows in Sub Saharan Africa.
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More specifically, this knowledge transfer gathering offers an excellent opportunity for the participating African countries to learn from each other’s experience in implementing reforms thereby facilitating job creation by the private sector.