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Kisumu Set to Host Kenya’s First Business Ecosystem Summit

Duncan Muema by Duncan Muema
August 1, 2023
in News
Reading Time: 2 mins read

In a landmark event for the country’s business landscape, Kisumu is gearing up to host Kenya’s first-ever Business Ecosystem Summit. The much-anticipated event, organized by the IMC People Ltd in partnership with the Lake Region Economic Bloc (LREB), is set to take place on September 1st.

Read more: Kenya To Host Region’s First Trade Facilitation Summit

The summit will be led by LREB chair Prof. Anyang’ Nyong’o and attended by 13 governors from other member counties, including deputy chair H.E Ken Lusaka, emphasising a public-private collaboration. Officials from various ministries, Senators, MPs, and Governors will be present, acknowledging business ecosystems’ importance in fostering economic growth.

The Business Ecosystem Summit aims to foster collaboration, innovation, and growth within Kenya’s entrepreneurial landscape. The summit will bring together key stakeholders, including entrepreneurs, investors, policymakers, and industry experts, to share insights, exchange ideas, and develop strategic partnerships.

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The summit’s focus on building a robust business ecosystem in Kenya aligns with the country’s vision of becoming a regional economic hub. By promoting collaboration and knowledge-sharing, the event seeks to facilitate an environment where businesses can thrive, fostering economic growth and job creation.

Read more: Kenya Set to Host AU’s 5th Mid-Year Meeting in July

In addition to its economic significance, the Business Ecosystem Summit is expected to provide valuable exposure to local entrepreneurs, particularly those from emerging sectors. Investors seeking promising ventures will have a unique opportunity to identify potential opportunities, thereby injecting capital into promising startups and fueling economic growth.

As Kenya looks to the future with optimism and resilience, the Business Ecosystem Summit in Kisumu marks a critical milestone in the country’s journey towards fostering a thriving and sustainable business environment. This historic event promises to empower Kenya’s entrepreneurs and pave the way for a prosperous economic landscape.

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