President Kenyatta Writes History in London

President Kenyatta Writes History in London

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President Uhuru Kenyatta speaks in London, UK on January 20, 2020. FILE​

President Uhuru Kenyatta on Monday, January 20, rang the bell to kick off the trading of Kenya’s first green bond at the London Stock Exchange (LSE) at the first-ever UK-Africa Investment Summit in London, UK.

A statement published on the Presidential Strategic Communication Unit (PSCU) website indicated that the president opened the day’s trading at one of the world’s oldest stock exchanges, the London Stock Exchange, which culminated in the trading of the green bond by Acorn limited.

According to PSCU, the Ksh4 billion bond by Nairobi-based property developer Acorn Holdings that started trading today at the LSE is the first Kenya shilling denominated corporate green bond to be listed in the United Kingdom.

Acorn Holdings CEO Edward Kirathe

Acorn Holdings CEO Edward Kirathe​

The bond, which was first listed at the Nairobi Stock Exchange last week, is reported to be tailored towards helping the company to raise funds to build environmentally friendly accommodation for 50,000 university students in Nairobi.

President Kenyatta told the guests at the event that the green bonds would provide a great opportunity for African, Carribean and Pacific countries as well as those from the Caribbean and the Pacific region to access large scale capital for sustainable growth.

“There is no better place to appreciate the realities of global economic activity and investment trends than this trading floor,” President Kenyatta was quoted.

Speaking during the launch, he urged UK investors to use Kenya as a gateway to investing in Africa

“Kenya is one of the top ten fastest-growing economies on the continent and also one of the most pro-business nations in Africa. There is probably no better time for African nations and the United Kingdom to explore new and innovative ways of deepening the long-standing partnerships that have existed between our nations,” President Kenyatta stated.

Following the decision to withdraw from the European Union, President Kenyatta said the UK had a renewed mandate to build even stronger investment partnerships with Africa.

Acorn Holdings CEO Edward Kirathe thanked the UK’s Department for International Development (DFID) for supporting the delivery of accommodation to 50,000 university students in Kenya, stating that it was a big boost for the Big 4 Agenda target.

“Thanks to partners like DFID, we have the capital, the know-how and the capacity to deliver this within the set period,” Kirathe stated.

He praised the listing of the green bond at the LSE as a matter that has opened the way for Acorn and other Kenyan businesses to access the huge pools of capital available in the international market.

Source: Kenyans.co.ke
 
January 20, 2020
London

UK-Africa Investment Summit 2020



Source: video courtesy of RT

Leaders at the UK-Africa Investment Summit 2020 pose for a family photo in London. Prime Minister Boris Johnson is meeting with 16 African leaders at the investment summit that will see Britain cast out a net for trading partners in its new life outside the EU.

the UK wants to boost business trade with Africa, but as a major UK-Africa business summit starts in London, Matthew Davies asks if there really will be new opportunities for the continent.

Trade is tricky. Trade agreements are trickier. Trade negotiations to get those agreements are exponentially more complicated.

And the road that the Brexit can has been kicked down for so long is rapidly running out.

Once the UK leaves the European Union at the end of January, it has 11 months to come up with a trade deal with the European Union to avoid reverting to WTO rules.




What changes when Britain exits the EU?
Mostly, nothing changes at the end of January.

There will be much political posturing and speech making, but the UK will still be a member of the EU Customs Union and Single Market until the end of the year.

There is a provision for it to extend that by a further two years, but that would seem to be ruled out by Prime Minister Johnson.

That means trade relations between the UK and Africa stay the same for 2020, conducted under the EU's various existing deals with the continent.

What about after 2020?
Beyond the 2020 horizon, trade arrangements between many African countries and a fully-Brexited UK are also set to remain the same under a number of "continuity agreements".

These basically say that the trade conditions (tariffs, quotas, standards and so on) remain the same as they are currently between a number of African countries and trading blocs and the EU.

For example, in September last year, the UK initiated an Economic Partnership Agreement with the Southern African Customs Union (Sacu) - which is made up of South Africa, Botswana, Namibia, Lesotho and eSwatini - and Mozambique. Source: www.bbc.co.uk

94b68782-4735-41cf-8771-4d1b5a37c0eb
 
Hivi kitendo cha kukusanywa kama kuku marais Wote Africa 🌍 kwenda UK kwaaajili tu ya talk shops and taking photos mkiwa mmelundikana kumzunguka malkia kama dummies huwa mnajisikiaje?

Naonaga kama ufukara wa akili wa hali ya juu
 
January 20, 2020
London

UK-AFRICA INVESTMENTS SUMMIT 2020 I INVEST IN AFRICA I PRESIDENTIAL PANEL



Source: Paul Kagame
 
Hivi kitendo cha kukusanywa kama kuku marais Wote Africa kwenda UK kwaaajili tu ya talk shops and taking photos mkiwa mmelundikana kumzunguka malkia kama dummies huwa mnajisikiaje? Naonaga kama ufukara wa akili wa hali ya juu
Sio waafrika wote wana low self esteem kama wewe. Kumekuwa na summit na forum nyingi za aina hiyo hapa Nairobi na viongozi wengi huwa wanahudhuria, kutoka kote duniani. Summit kama hizo ni za watu ambao wamejipanga sio watu wa kupiga maselfie na kukenua kenua. Hebu bofya hii link usome kuhusu 'innovation' za kiteknolojia(Blockchain, AI), kutoka kwa wakenya, ambazo zimewasisimua wawekezaji na serikali ya UK pia. Kenyan firm to exhibit at UK-Africa summit on reducing accident scenes response time
 
Hivi kitendo cha kukusanywa kama kuku marais Wote Africa 🌍 kwenda UK kwaaajili tu ya talk shops and taking photos mkiwa mmelundikana kumzunguka malkia kama dummies huwa mnajisikiaje?

Naonaga kama ufukara wa akili wa hali ya juu
You are drunk and intoxicated. You won't be able to understand the impact of the same at this juncture, just go home buddy!..
 
Yani Waafrika bado tupo kwenye ukoloni mkubwa sana
Hivi kitendo cha kukusanywa kama kuku marais Wote Africa [emoji288] kwenda UK kwaaajili tu ya talk shops and taking photos mkiwa mmelundikana kumzunguka malkia kama dummies huwa mnajisikiaje?

Naonaga kama ufukara wa akili wa hali ya juu

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Yani Waafrika bado tupo kwenye ukoloni mkubwa sana

Sent using Jamii Forums mobile app

Wewe ndiye akili zako bado zipo utumwani kama unafikiria kila wanapokusanyika ni misaada tu, Afrika ya leo sio ya enzi za mababu, watu wanakusanyika na kujadili biashara na fursa, sio kuganda ndani sehemu moja....
 
Yani Waafrika bado tupo kwenye ukoloni mkubwa sana

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US-Africa summit
China-Africa summit
Japan-Africa summit
India-Africa summit
Korea-Africa summit
France-Africa summit
Russia-Africa summit
Germany-Africa summit
Turkey-Africa summit
UK-Africa summit
CanadaAfrica biz Conf
NetherlandsAfrica biz Council
SingaporeAfrica biz Forum

Hizi zote na nyingine viongozi wa Africa hukokotwa kama manyumbu na huenda kuwachekesha wazungu kwa hotuba zao mfu zisizo na uhalisia kisha wakirudi kwenye nchi zao hali ni ile ile

Hakuna chochote wanachopata zaidi ya fedheha tu na kujidhalilisha, na hakuna marais wa bara lolote hujusanywa kama yungiyungi hata na kanchi ka kipumbavu kama marais kutoka Africa
 
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