Ethiopian Review

Conference to talks about mitigating the effects of the global financial crisis

Kenya’s bid to host the next World Economic Forum on Africa next year has been successful.

According to Kenya’s High Commissioner to South Africa Tom Amolo, the forum’s organisers have inspected and approved conference facilities available in the country.

In an interview in Cape Town, South Africa on Monday, Mr Amolo said the timing of the conference will be such that it does not coincide with the FIFA World Cup 2010 to be held in South Africa.

The forum, whose theme is the implications of the global economic crisis on Africa, will focus on how to mitigate the effects of the world economic crisis on the continent.

Speaking ahead of this year’s forum on Wednesday last week, the High Commissioner noted that Prime Minister Raila Odinga will be leading Kenya’s delegation to the forum.

Mr Odinga will be one of the panellists at an interactive session on investment climate in Africa with special focus on Kenya.

He will speak on the actions including those related to the rule of law, ownership rights, governance and cross-border customs and tariffs the government and business leaders are taking to improve Africa’s investment climate.

On the sidelines of the forum, the Prime Minister will meet and hold talks with people in international business and trade to leverage the dynamism of the Kenya’s investment environment including a skilled workforce, good telecommunication facilities and good trade regimes.

He will also due to make an exposition on the efforts the coalition government has made in bringing peace to the country since the post -election violence that led to a drastic decline in the economic growth of the country.

- Daily Nation