Africa

Kenya Private Sector Alliance (KEPSA) and Canada-Africa Chamber of Commerce Announce Major Memorandum of Understanding (MoU)

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Kenya Private Sector Alliance (KEPSA) and Canada-Africa Chamber of Commerce Announce Major Memorandum of Understanding (MoU)

The Kenya Private Sector Alliance and the Canada-Africa Chamber of Commerce (www.CanadaAfrica.ca) are proud to announce a collaboration to promote, support and facilitate bilateral trade and investment opportunities from Canada to Kenya .

The first engagement will be a virtual trade mission to Kenya from Canada in May.

The three-year memorandum of understanding was signed today during the second session of the Binational Commission meeting between the governments of Kenya and Canada – and is subject to continuous renewal.

This Memorandum of Understanding will strengthen the existing trade relationship between Kenya and Canada and establish strong ties between the two countries which will go a long way in boosting private sector trade and investment. The MOU will also allow us to exchange commercial information with the CACB, which is essential in particular for our members who wish to extend their coverage to the international market ”, explained Ms Carole Kariuki Karuga, CEO of KEPSA.

The Kenya Private Sector Alliance is the supreme body of the private sector in Kenya.

The Canada-Africa Chamber of Commerce is a 27-year-old organization committed to accelerating trade, business and investment between Canada and Africa.

“Nairobi is a vital gateway not only to Kenya and the region, but also to the continent’s future economies in Africa,” said Garreth Bloor, President of the Canada-Africa Chamber of Commerce.

KEPSA is the world leader in the private sector, showcasing its excellence on the global stage. This MoU is a great honor for the Canada-Africa Chamber of Commerce, our leadership and all of our members across Canada, ” said Deepak Dave, longtime representative of the organization in Nairobi and Chief Risk Officer. to the African Commercial Insurance Agency.

“ The planned joint results of the cooperation agreement between CCCA and KEPSA aim to increase bilateral trade and investment between Canada and Kenya in all sectors – while laying the groundwork for exploring trade missions to Kenya. by the Canada-Africa Chamber of Commerce and in Canada by KEPSA, ”said Sebastian Spio-Garbrah, President of the Canada-Africa Chamber of Commerce.

Guided by this MoU, CACB and KEPSA will work together to explore on a case-by-case basis events together, exchange of business information and reciprocity of Kenya Private Sector Alliance members to benefit from the privileges membership granted to CCCA members, and to ensure that KEPSA members are well positioned in the Canadian market for investment and trade in all sectors and that CCCA members are well positioned in the Kenyan market for investment and trade in all sectors.

“As KEPSA, we remain committed to establishing progressive business and commercial partnerships with Canada and other like-minded parties for the mutual benefit of our members as well as those of our CCA counterparts,” said Ms. Carole. Kariuki Karuga, CEO of KEPSA.

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