Monday 20 July 2015

WHAT KENYA WILL BENEFIT BY HOSTING THE GLOBAL ENTREPRENEURSHIP SUMMIT

Recently Kenya was declared as a Middle Income Country, this was
because it is becoming more industrialized and its Gross Domestic
Product is growing expeditiously.

With the emerging of the new firms, the rate of unemployment is going
down slowly. When our
youth are being employed, the terror groups such as Al shaabab and Al
qaeda won't get anyone to radicalise. Which will eventually kill
insecurity in the country.

There have been alot of positive things happening in our land. One of
them is the reopening of the largest mall in East Africa, Westgate
mall which was attacked two years ago by Al shaabab. I love the
security measures that have been implemented in the mall, the bullet
proof widows, grenade sensors etecetra.

The launching Garden City is another achievement that Kenya has made.
I believe it will host many of small businesses that are coming up.
Due to that the economy will grow.

Now lets get to the real thing, the Global Entrepreneurship Summit.
This will be the first time African soil to host such an event, and
it's a honor to be the first country to host it. The summit will be
able to connect entrepreneurs from all over the world with Kenya
entrepreneurs. By doing this, the market will expand causing a boom in
the economy.

Investors worldwide will be able to imbue their money in Kenya which
will strengthen the shilling. When people come from overseas, they
come with their own currencies. When they reach here, they will have
to buy the shilling with their currencies in order to trade
efficiently. This will make the demand for shilling to go high and
therefore its price will shoot and become strong.

The bilateral relationship between Kenya and the U.S. will also
continue to be firm, especially when the U.S. president his excellency
Barack Obama is coming. It will be the first time sitting president of
the United State will be visiting Kenya! It's such a historical
moment, in fact the origin of president Obama is Kenya!

Lets now wait for the Global Entrepreneurs Summit!

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