Kenya to host world chambers federation summit
By Collins Wanzallah
President of the Kenya National Chamber of commerce and industry Dr.Erick Rutto has said that the country will host an international chamber of commerce summit in May next year.
Rutto said that the summit dubbed World chambers federation (WCF) Africa summit will bring together about 4 500 delegates.
He said that the official announcement after Kenya won the bid was made on July 26,2024 by the WCF chairman Rifat Hisarciklioglu
“The selection of Nairobi followed a highly competitive bidding process, highlighting Kenya’s emerging role as a key player in the global business arena,”Dr. Rutto said in a press conference.
He emphasized that this achievement reflects the robust efforts of KNCCI and the unwavering support from its partners.
Rutto went on to say that the summit is not merely a conference but it also represents a pivotal opportunity to shape the future of commerce and industry on our continent.
The KNCCI President said that among participants in the event that’s likely to take four to six months are business leaders, entrepreneurs, and innovators from more than 70 countries.
The summit he said it will too foster dialogue, collaboration, and economic growth which signals Kenya’s confidence as a regional hub and the strength of its private sector.
He added that the summit is set to underscore Kenya’s critical role in the African Continental Free Trade Area (AfCFTA) and reaffirm its position as a prime investment destination.
Dr. Rutto highlighted the potential economic benefits, including attracting investors, creating trade opportunities, and boosting the tourism and hospitality sectors which it will market during the conference.