African business leaders set to meet in Kenya to spur intra-Africa trade

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NAIROBI, Oct. 15 (Xinhua) -- Kenya's trade lobby will next week host a two-day meeting which will bring together business leaders from across Africa to seek ways of boosting intra-Africa trade.

Kenya National Chamber of Commerce and Industry said on Monday the Oct. 23-24 meeting will focus on fast tracking the realization of the African Continental Free Trade Agreement (AfCFTA) as well as the preparedness of the business community on the continent.

Speaking ahead of the planned event, Kenya National Chamber of Commerce & Industry National Chairman Kiprono Kittony, who doubles as one of the vice presidents representing Africa at the World Chambers Federation (WCF), termed the forum as timely and relevant to tackle existing hurdles in promoting intra-Africa trade.

"We are pleased to be hosting the continental business leaders to discuss ways of improving intra-Africa trade as there still exists multiple trade barriers that favor trade with other countries in other continents," Kiprono said in a statement issued in Nairobi.

"We believe that the discussions we intend to hold will chart a way forward towards unlocking the potential of opening up trade amongst African businesses and provide new innovative ways to tackle existing bottlenecks to governments and other non-state players," he added.

The meeting will be attended by the World Chambers Federation (WCF) President Peter Mihok and 59 chambers' presidents from Africa.

Kiprono said the event further recognizes that business leaders in Africa need to understand the opportunities arising from this agreement for local as well as foreign investors.

Among the topics to be addressed during the event include cross cutting challenges encountered by African chambers, how to build sustainable chambers in Africa and the role of the Pan-African Chamber of Commerce & Industry in promoting intra-Africa trade. Enditem

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