Uhuru calls for more intra-Africa trade
President Uhuru Kenyatta with Uganda President Yoweri Museveni (right) at Entebbe State House, Uganda on August 9, 2015. President Kenyatta on May 4, 2016 urged governments to enhance intra-Africa trade through easing business conditions in order to lure investments and better lives. FILE PHOTO | PSCU
What you need to know:
- The President said Kenya had invested heavily in easing trade conditions where a new seaport had been built and administrative systems streamlined among other things.
- East African countries also enjoyed faster clearance of goods on an online portal, which saw cargo destined to Uganda taking two days from the traditional 18 while Rwanda now enjoys four days transit period from the costly 20.
President Uhuru Kenyatta yesterday urged governments to enhance intra-Africa trade through easing business conditions in order to lure investments and better lives.
He said this could best be done by improving infrastructure, reducing cost of electricity and filling the gap on disputes resolution.
“Africa governments must invest in ICT infrastructure as it helps enhance efficiency and we have to work together to fast-track implementation of electricity projects,” said the president in a speech read on his behalf by Treasury Secretary Henry Rotich.
He spoke yesterday at the opening of the Ease of Doing Business Initiative Conference at Safari Park Hotel.
The President said Kenya had invested heavily in easing trade conditions where a new seaport had been built and administrative systems streamlined among other things.
East African countries also enjoyed faster clearance of goods on an online portal, which saw cargo destined to Uganda taking two days from the traditional 18 while Rwanda now enjoys four days transit period from the costly 20.
