The Kenya National Chamber of Commerce and Industry (KNCCI) proudly hosted the signing of a significant Memorandum of Understanding (MoU) between FINSCO Consulting Limited, a Platinum Member of KNCCI, and GO GREENWOOD Bank LLC, based in Atlanta, Georgia (USA).
The MoU marks the beginning of a strategic
partnership wherein GO GREENWOOD Bank LLC will invest in various FINSCO AFRICA
projects.
The partnership is as a result of the recent historic state visit to the USA by the Head of State H.E Dr.William Ruto in May 2024 in Atlanta, GA and Washington DC. FINSCO Africa was part of the Kenya National Chamber of Commerce and Industry private sector delegation representing real estate and property developers in Kenya and participated at the “Prosper Africa Forum” where they met with Go Green Bank.
The event took place at the KNCCI headquarters in Nairobi, bringing together key stakeholders from both organizations and the wider business community. This collaboration aims to enhance the economic landscape of Africa by injecting substantial investments into diverse projects spearheaded by FINSCO Consulting Limited.
GO GREENWOOD Bank LLC, known for its commitment to financial inclusion and economic empowerment, has identified FINSCO AFRICA’s projects as pivotal in driving sustainable development across the region. These projects encompass a range of sectors, including infrastructure, renewable energy, technology, and agriculture, aligning with the bank’s strategic goals to support transformative initiatives.
Mr. John Mwaura, CEO of FINSCO Consulting Limited, expressed his enthusiasm about the partnership: “This MoU signifies a major milestone for FINSCO AFRICA. We are excited to collaborate with GO GREENWOOD Bank LLC, whose investment will significantly bolster our capacity to implement projects that are critical for Africa’s growth and development. We believe this partnership will not only bring financial benefits but also foster innovation and sustainable practices.
Mr.Ray Glover, President of GO GREENWOOD Bank LLC, echoed these sentiments: “Investing in Africa’s future is at the core of our mission. We are thrilled to partner with FINSCO Consulting Limited, a leader in driving impactful projects. Our joint efforts will pave the way for new opportunities and contribute to the prosperity of communities across the continent.”
Dr. Erick Ruto, President of Kenya National Chamber of Commerce and Industry, underscored the importance of such collaborations: “Today’s signing is a testament to the vibrant and growing economic relationship between Kenya and international investors. KNCCI is dedicated to fostering an environment where businesses can thrive through strategic alliances. We look forward to witnessing the positive outcomes of this MoU.”
The partnership between FINSCO Consulting Limited and GO GREENWOOD Bank LLC is
expected to set a precedent for future investments and collaborations, contributing to the overarching goal of sustainable development in Africa.
