Subscribe:Posts Comments

You Are Here: Home » Africa » Kenya’s Vice President Woos Australian Investors

125px-Flag_of_Kenya.svg_11Kenya’s Vice President Kalonzo Musyoka has called on Australian investors to exploit Kenya’s investment opportunities in energy, mining and trade.

Musyoka said Australia is fast becoming Kenya’s crucial development partner as evident by the recent famine relief intervention and assistance in addressing refugee problem.

He said Australia has recently transformed itself from a continent that was largely ignored a few years ago to its current status where it is a major destination for students and other immigrants.

He said Kenya has welcomed the adoption of a new policy towards Africa by Australia whose aim is to promote economic growth and prosperity in the impoverished continent.

Speaking when he addressed guests at the residence of the Australian High Commissioner, Nairobi, VP said the new policy, the “New African Strategy” which is hinged on accelerated investments and trade will help the continent realize its MDG while promoting peace and security among other priorities.

“We are confident that with her expertise and experience in these areas, Australia can make unique and positive contributions to Africa’s quest for prosperity,” Musyoka observed at the Australian day celebrations.

At the same time, Musyoka lauded the cordial relations that have existed between Kenya and Australia saying that it had been of great benefit to their citizens.

He particularly commended Australia for assisting Kenya develop its human resource base through extending scholarships and admitting many students to her universities.

“We look forward to increased opportunities with the expansion of Australia’s scholarships programs and technical assistance especially in the area of science, technology and innovation”

The Australian High Commissioner to Kenya, Ms. Lisa Silitette, assured that her country will continue to partner with Kenya in various spheres of development including education, health and water supply.

Source African Press Agency

Net News Publisher



Leave a Reply

* Duplicate this phrase:

* Type or paste phrase here:

© 2010 Net News Publisher · World news and Headlines Subscribe:PostsComments · Designed by Theme Junkie · Powered by WordPress