Kenya-German enterprises partnerships critical element of achieving economic growth, Prime CS Mudavadi say

Kenya will enhance its cooperation with Germany in areas of trade and investment, Prime Cabinet Secretary Musalia Mudavadi has said.

He said other areas the two countries seek to explore include labour migration, climate resilience, education, and healthcare.

Mudavadi said this partnership will go a long way in increasing the depth and breadth of the ties between Kenya and Germany.

The Prime CS underscored that the long-standing relationship between the two countries that dates back to decades ago has become a solid foundation for growth of the diplomatic engagements.

“The relationship between Germany and Kenya has grown significantly in recent years. With German companies actively investing in sectors such as renewable energy, automotive manufacturing, and infrastructure, we have seen first-hand the positive impact of such collaborations.” Mudavadi noted.

“This partnership has not only created jobs but also contributed to the transfer of technology and knowledge, which are vital to Kenya’s long-term economic development.” He added.

He spoke today at the 5th Germany-African Business Summit in Nairobi, where he underscored the need for the business community and governments to collaborate and create unique opportunities that will bolster more inclusive, sustainable, and resilient future.

He noted that the youth of Africa, who represent over 60 per cent of the continent’s population, are eager to drive innovation, embrace new technologies, and shape a brighter future for this continent.

“This forum represents more than just discussions; it is a call to action. It is a reminder that Africa’s potential will not be realized in isolation but through strengthened partnerships.” Mudavadi added.

He said Kenya is working closely with key partners to achieve the United Nations’ Sustainable Development Goals (SDGs), particularly those relating to clean energy, climate action, and inclusive economic growth.

“We view partnerships with German enterprises as a critical element of achieving these ambitions.” He remarked.

Mudavadi also the Cabinet Secretary for Foreign and Diaspora Affairs pointed out that this years’ summit comes at a time when Kenya is celebrating 60 years of its diplomatic journey and called for a deeper reflection on how to use the opportunity and attract more Foreign Direct Investment.

“Kenya is committed to its role as a gateway to East Africa and the broader African market. We are steadily advancing our Vision 2030, which seeks to transform Kenya into a newly industrializing, middle-income economy.” He said.

Mudavadi said in advancing the vision to transform Kenya through key partnerships that will unlock new markets and spur economic growth, the government is moving away from retrogressive legislations that have been barring investors from accessing the opportunities being presented by the Kenyan markets.

He said parliament and other arms of government must be pragmatic in ensuring Kenya adopts a holistic approach to legislations that attract investment and enhance quick and fair adjudication that opens gateways for capital that helps in harnessing the much-needed business environment.