Category: POPULAR

  • Uganda seeks Kenya partnership in deal to boost tourist numbers

    Uganda seeks Kenya partnership in deal to boost tourist numbers

    Uganda’s tourism players are reaching out to Kenya in a controversial bid to help bridge market access challenges for Kampala’s hospitality offers.

    The players in Kampala see Kenya’s coastal exposure to the world as a starting point where tourists arriving in Kenya can go on to visit Uganda on the same visa while using Uganda Airlines as a connecting carrier.

    But that could bring new threats to Kenya’s own local sites, as well as affect market share for Kenya Airways, which has for years dominated the Kenya-Uganda route.

    Mutual benefit

    But if this plan works, the proponents argue, Kenya and Uganda will mutually benefit, with Uganda profiting from Kenya’s networks to attract visitors. Kenya in the meanwhile will have its tourists visit Ugandan sites at a discounted price, which stakeholders say could break monotony for repeat clients who have explored Kenya.

    Alex Tunoi, the regional manager in charge of domestic and Africa tourism at the Kenya Tourism Board (KTB), said they are aware of the proposed deal, but downplayed its potential to eat Kenya’s lunch.

    “East Africa market has great tourism potential for Kenya; with a population of over 200 million, a growing middle class, improved infrastructure and relaxation of travel restrictions. KTB is focused on growing arrivals from the region,” he told The EastAfrican.

    “Investment in these markets is bearing fruit with both Uganda and Tanzania emerging among top 10 key sources markets for the destination.”

    Lucrative packages

    According to the Uganda Tourism Board (UTB) Kampala will offer lucrative packages to tourists arriving at Kenya’s coastal sites to explore its natural, adventure, leisure, business and cultural attractions.

    Uganda intends to balance trade with Kenya by working with coastal tourism stakeholders to tap into Kenya’s booming beach tourism.

    The first package is set to go online later this year after deliberations from a conference between Uganda and Kenyan on November 17.

    “The partnership will ensure thousands of tourists visiting either Kenya or Uganda move freely between the two countries. The tourists can have breakfast at the beach and lunch in a safari in Uganda,” said Paul Mukumbya, Uganda’s Consul-General in Mombasa.

    “The November conference in Mombasa will explore Uganda, ‘the Pearl of Africa,’ to give overview of the tourism attractions as well as specifying the investment opportunities in the tourism sector in Uganda and Kenya,” he said.

    Eased travel requirements

    The two countries are banking on eased regional travel requirements for EAC citizens to improve the balance of trade by jointly promoting beaches and parks in the region.

    Citizens of the two countries can use their national identity cards to cross borders while international tourists will use the East Africa single visa to tour the two destinations.

    Besides, both countries belong to the one-tourism visa programme that also includes Rwanda. Tourists arriving in one country can use the same tourist visa to cross to the other.

    The challenge in the past has been the transportation connectivity.

    The plan now is to use Uganda Airlines to connect tourists from Mombasa to Entebbe but once Kenya Airways starts direct flights from the coastal city, Kenya Coast Tourist Association chairman Victor Shitakha says people will have more options.

    Packages for bus trips

    Uganda Airlines flies between Mombasa and Entebbe three times a week. However, officials say other airlines will not be locked out and they will go as far as selling packages for bus trips.

    “The move will create networks and synergies and we are not in competition but we complement each other, where we shall come up with packages marketed together [and] sell both safari and beaches as one package. We are working with Kenya Tourism Board to make it happen,” said Mr Shitakha.

    Kenya remains Uganda’s biggest source market for tourists in the region, accounting for 29 per cent of total arrivals in 2018, the highest figure reported before the Covid-19 pandemic, according to figures by the Tourism Research Institute.

    Rising numbers

    At least 95,000 Kenyans visit Uganda every three months, according to the Ugandan Consulate in Mombasa. It expects this figure to rise.

    Last year, Kenya received 870,465 tourists compared to 567,848 in 2020, with the US leading as the major tourist source with 136,981 arrivals, followed by Uganda (80,067), Tanzania (74,051), the UK (53,264) and India with 42,159 visitors.

    Before the pandemic, Uganda received over 1.5 million tourists in 2019 and registered over 512,000 travellers in 2020. However, the country’s tourism industry is poised for recovery with renewed emphasis on intra-African travel market as a key marketing strategy.

    In 2019, the Tourism sector contributed 7.7 per cent of Uganda’s gross domestic product and created over 667,000 jobs.

    Tourism data from 2019 shows that its top three Africa source markets include Rwanda (32 per cent), Kenya (24 per cent) and Tanzania at six per cent.

    original story

  • ”I’m not interested with term limit” President Ruto tells UDA legislators

    ”I’m not interested with term limit” President Ruto tells UDA legislators

    President William Ruto has told UDA legislators that he is not interested in changing the constitution to remove term limits.

    Speaking on Wednesday, the President said the MPs should prioritize bills that will better the lives of Kenyans.

    He added that his only focus at the moment is to work for the people of Kenya.

    “Do not spend your time pushing for selfish and self-serving legislation, like changing the Constitution to remove term limits, my focus is service to the people,” Ruto said.

    He spoke while chairing a UDA Parliamentary Group meeting at State House, on Wednesday morning.

    A few days ago, Fafi MP Salah Yakub hit the headlines after calling for scrapping of the presidential term limit.

    Yakub in his proposal said the cap should be on age and not period service.

    The UDA legislator claimed some of his counterparts were already working on a Constitutional amendment bill to replace the two-term limit with an age limit of 75 years.

    The MP cited the case of the late President Mwai Kibaki who retired after two five-year terms despite what he said was a stellar performance that turned around the country’s economy.

    “I think we made a mistake to allow him to go home after he completed his term. We limited his dream when the Constitution removed him yet he served marvelously in the two terms,” Yakub said.

    “I believe if he (Kibaki) had done more than two terms, we could have reached the status of Malaysia or Singapore. Is it thus not advisable to remove a person because of term limits yet they are performing,” he said.

    President William Ruto’s party however, denied plans to change the Constitution to remove presidential term limits.

    The party and its chairman Johnson Muthama said they are not involved in the talk of removing term limits or setting an age cap.

    “Hon Yakub made a personal statement which has nothing to do with UDA. As a party, we stand for open democracy and we remain supportive of the two-term presidential limit and no ongoing discussions to scrap it,” Muthama said.

  • Governor Sakaja Sends a Stern Warn to Nairobi gangs

    Governor Sakaja Sends a Stern Warn to Nairobi gangs

    Nairobi Governor Johnson Sakaja bans hawking on Nairobi’s footbridges and street families from living there terming the move will curb crime.

    Governor Sakaja affirmed on Sunday that he lost a friend after thugs attacked him in Nairobi,  and through this he has issued a stern warning to youth involving themselves in crime.

    Kileleshwa Ward Member of County Assembly Hon Robert Alai however, has urged Governor Sakaja to give him the security committee role.”Sakaja should let me chair the security committee, He shouldn’t control Azimio everywhere in Nairobi.” Hon Alai said.

    However Hon Alai said that security in Nairobi needs serious and dedicated minds.

    Nairobi Governor Johnson Sakaja has banned hawkers and street families from occupying and conducting business on footbridges within the city.

    Speaking on Sunday, Sakaja said that the aforesaid individuals have already been expelled from the footbridges terming the move that it will restore security within the county further noting that the displaced individuals will be allocated appropriate places to work from.

    “To make sure that there is security there were street families that were staying there and we have cleared them, we have cleaned the bridge, the fire department has come with its pipes and nobody will be allowed to conduct business to live on our bridges and fly-overs,” he said.

    Sakaja finally said that the county government is preparing space for business. “If you want a space for trade we will find you a space for trade but not in a public utility like that.” Governor Sakaja observed.

    This comes amid a spike in insecurity within the county as a series of incidences have been witnessed in recent weeks including broad daylight stabbings, shootings, and murder across the country.

    This has sparked uproar from the public who have blamed the National Police Service (NPS) for inaction.

    President William Ruto has also raised concern over the matter prompting the Inspector General of Police Japhet Koome to take action and combat the criminal gangs.

  • Its a win for boychild charged for impregnating his girlfriend

    Mombasa court yesterday acquitted a 17-year-old boy who had been charged with defiling and impregnating his girlfriend, 15.
     
    While acquitting the minor (name withheld), Senior Principal Magistrate Vincent Adet said prosecuting the boy alone, over a juvenile love affair is punitive and discriminatory.
     
     
    He said police and prosecutors in such cases ought to view the two minors as equal victims of the offence of defilement rather than victimising the boy. “In such scenarios, they are rather victims of the offence and should not be exposed to punitive legislative consequences. It brings to the fore, the propriety of the use of criminal law to prevent adolescents from engaging in consensual sexual intercourse among themselves,” observed Adet.
     
    Senior Principal Magistrate further noted that adolescents are not sexual predators but people exploring and experimenting with their sexuality, oblivious of the legislative dangers involved. “In such scenarios, adolescent boys invariably bear the brunt of prosecution in cases where both victims are children; it is even exacerbated when out of the relationship, pregnancy is realised like in this case,” he said.
     
    Adet also observed that in the case before his court, no justice would be served by having the boy child convicted over the offence of defilement. The suspect in this matter is hereby acquitted of defilement contrary to section 8(1) as read with section 8(3) of the Sexual Offences Act as well as in the alternative charge where the accused is charged for committing an indecent Act with a child contrary to section 11(1) of the Sexual Offences Act under the procedural provisions of section 215 of the Criminal Procedure Code,” he stated.
     
    Court noted that the case was one of the many typical cases of juvenile love where the victim and the perpetrator are ignorant of the consequences of their actions.
     
    Defence of her boyfriend.
     
    In the case, the court noted that the girl in question had testified as the first prosecution witness, only to switch sides and testify in defence of her boyfriend, maintaining that they had consensual sex and each of them should thus take responsibility for their actions. “She clearly stated that she knew the accused and that the accused was her boyfriend, and that it was a mutual arrangement between her and the accused. She stated that the accused should not be punished for their mutual mistake,” the court noted.
     
    The accused had been charged with the offence of defilement contrary to Section 8(1) as read with Section 8(3) of the Sexual Offences Act. Particulars were that on an unknown date in October 2019 at Ofisi ya Jara area in Likoni sub-county within Mombasa county, the suspect defiled a girl aged 15. The majority is however now confident that the boychild has seen light at the end of the tunnel.
     
  • “We must now unite more than ever against crime,” Hon Gov Kabogo writes

    “We must now unite more than ever against crime,” Hon Gov Kabogo writes

    Tujibebe Wakenya Party leader William Kabogo has raised concern over the rampant robbery incidences witnessed within Nairobi and its outskirts.

    This comes amidst public uproar in the past few months owing to rising cases of broad daylight stabbings, shootings, and murder across the country, blaming the National Police Service (NPS) for inaction.

    Taking to social media on Sunday, the former Kiambu governor called on Kenyans to unite against crime and bring the perpetrators to book.

    “We must now unite more than ever against crime. We cannot be spectators of criminal gangs terrorizing Kenyans as we watch,” he said on Twitter.

    “We must take up our space and say enough is enough. If we don’t stop this now there’s gonna be a big problem for our country.”

    Kabogo has earlier echoed his sentiments calling on President William Ruto to address the matter, lest more Kenyans fall victim to the robberies.

    “This is the beginning of a very serious problem, if not dealt with ruthlessly, we’re in for big trouble as a nation. Rule of law is all we need period,” he posted in an earlier tweet.

     

    President Ruto on his part has called the Inspector General of Police Japhet Koome to action and combat the criminal gangs.

    After his swearing-in on Friday, November 11, Koome vowed to address the cases that continue to claim lives in different parts of the country.

    “I’d like to tell all those crooks that are disturbing the peace by stealing, stabbing and shooting people that this will no longer happen under my watch. I will not sleep on the job,” said Koome.

  • E-Mobility Stakeholders forum Conducted by KNCCI

    E-Mobility Stakeholders forum Conducted by KNCCI

    Electric mobility also known as e-mobility is the use of electricity to power the transport infrastructure as an alternative to fossil fuels.

    This electricity is preferably from renewable energy sources such as hydro, geothermal, wind and solar to minimise overall emissions.

    Kenya’s energy mix is very favourable to support e-mobility with nearly 85% of our energy coming from renewables. This is a great opportunity for Kenya.

    The integration of electric mobility presents an opportunity to rethink the prevailing transport paradigm and build an interlinked, low-emission transport system with low levels of pollution.

    In Kenya, the transport sector, particularly road transportation, is one of the main sources of climate-damaging CO2 emissions which is the predominant use of fossil fuels for vehicle propulsion systems.

    A greater degree of electrification of the transport sector, can therefore make a major contribution toward achieving Kenya’s transport sector goal of reducing emissions by 3.46 MtCO2e against the baseline in 2030.

    During E- Mobility stakeholders forum at Nairobi Hotel by KNCCI Nairobi Chapter in collaboration with KENGen to spearhead the renewable energy and charging infrastructure for EV’s.

    David Nashon stated that they’ve prepared e-Mobility toolkit to support existing policies. “We have prepared e-Mobility toolkit that seeks to support the whole enforcement of existing policies to support the adoption of EVs in Kenya”~David Nashon-Sustainable Mobility Unit.

    The forum how suggested that there be set favorable regulations to support the force. “Beyond the conversation on the safety of EVs, there’s need for an increased focus on the role tax incentives & a favourable regulatory framework failure to which the growth of the sector in Kenya will be stunted” ~Abdullahi Ali- Tax Associate, Anjarwalla & Khann affirmed.

     

  • Media Fraternity Told to Walk It Like They Talk It

    Media Fraternity Told to Walk It Like They Talk It

    By HENRY OWINO

    As Kenya Media Sector Working Group (KMSWG) marked the 10th anniversary of the International Day to End Impunity for Crimes Against Journalists (IDEI) on 2 Nov 2022 at a hotel in Nairobi, the rest of the other counties remained silent.

    This could mean that media is centralized in Kenya’s capital Nairobi where every decision is made and the rest of the counties are left out. Unless an event or a story of national concern happens, most journalists in counties are never involved in media activities.

    Media plays a critical role on behalf of society through freedom of expression, access to information when journalists are guaranteed a conducive working environment without intimidation from the State agencies.

    It is for these reasons that the media must work in solidarity with all industry stakeholders for citizens’ welfare and the common good of the country’s development. To this end, media continues to remain robust in its role as an entity that is trusted by the majority of the population.

    Eliud Owalo, Cabinet Secretary for ICT challenged the media fraternity to walk the talk about their professional training and advocacy for media freedom.

    The outcry from female journalists of sexual harassment by seniors or bosses in the sector should not be entertained. Owalo noted that now more than ever, the media is under “digital siege” making journalists’ work complex. Personal and violent attacks on journalists are becoming more commonplace online, with women being particularly vulnerable to Sexual and Gender-Based Violence (SGBV). This hurts journalists, who are forced to retreat in silence.

    The CS said crimes against journalists come in different guises, perpetrated by different players. The assumption tends to be that the Government is the perpetrator. This is not necessarily the case. “Journalists must also learn to work together. It is awkward that on a day as important as this, the Kenyan journalism fraternity is pulling in different directions, marking the occasion in different groups that appear to be mutually hostile to each other,” Owalo observed. “I advise that you should get your house in order and speak with one voice. It has been said that a house divided against itself will not stand,” the CS advised.

    The Cabinet Secretary for ICT regretted that most of the time rogue elements within the Government have given entire departments such as law enforcement agents, a bad name. He said Government must remain vigilant at all times to protect journalists and citizens against rogue elements.
    “Commercial interests, too, have been known to oppress journalists and to muzzle free expression. These, too, must constitute part of what journalism protests every 2nd day of November yearly,” Owalo
    hinted.

    While a difference of opinion and approach is normal in civilized society, social conflict, and even political conflict, should never degenerate to the extent of descending into criminal activity.

    The ideal in every conflictual situation is early monitoring and swift intervention for conflict transformation. This can be done through the Media Council.

    Conflict, however, must be managed and even transformed for the overall good of society. Democratic societies, such as Kenya, have institutional forums and instruments for resolving conflict and the
    pressures that generate it.

    In the case of media-related pressures and conflicts, the Media Council of Kenya (MCK) is a statutory body to which both the Government and journalists are members. The Council should be in the habit of resolving conflict as intended by law. “Even as we continue to respect these freedoms, we recognize that social conflict and divergence of opinion is part of a healthy society. Any society without some level of conflict is a dead society,” the CS stated.

    The CS assured journalists that the current Government respect media freedom, as enshrined in the
    Constitution 2010, and in other pieces of the law. “We do not believe in media censorship or gagging
    the media. Responsible media regulates itself, in line with the laws of the land and the ethics of the
    profession,” he emphasized.

    “My Ministry and the Kenya Kwanza Government will continue to defend the freedom of the Media,
    alongside other civil liberties,” Cabinet Secretary, ICT added. Both Journalism and Government have critical intersection objectives thus the interest of the people’s
    welfare.

    Accordingly, he urged the two to work together, rather than appear to be hostile and adversarial against each other. “The two ought to work in complimentarily of purpose, rather than in imaginary and often hostile competition. Both are keen on a democratic, free, and fair society, governed by the rule of law,” the CS advised.

    Noordin Haji, Director of Public Prosecutions (DPP), however, said with great power comes great
    responsibility. He urged journalists to be professional in the discharge of their duties and adhere to
    Media Code of Ethics. “I urge you to refrain from sensational media reporting and misreporting which often undermine the rule of law and public confidence in our institutions. For instance, the two media houses that were recently cited for contempt of court for misinformation against a key witness, which jeopardized the case,” Haji urged.

    “I, therefore, urge you to focus on reporting the truth and facts to safeguard the rule of law,” he added.
    Haji promised to investigate on the death of Pakistani journalist, Arshad Sharif is active and assured
    the media fraternity that the Office of DPP will prosecute those found culpable of committing the heinous offense. “As the ODPP, we thus assure you of our commitment to ensuring the protection of the media space and your security in Kenya at all times, by not only the Constitution of Kenya but also
    the Universal Declaration of Human Rights, the International Covenant on Civil and Political Rights, and
    the African Charter on Human and People’s Rights,” Haji emphasized.

    Haji revealed that guided by the Constitution and the ODPP Act, in addition to developed policies such as The decision to Charge Guidelines, 2019, and exercised with control, transparency, and independence, he will ensure that prosecution of all crimes including against journalists are conducted fairly and professionally.

    So, the Guidelines ensure that perpetrators of crimes against all Kenyans, including journalists, are
    brought to account, and will also play a role in preventing any frivolous cases that may be brought
    against a journalist, as strict adherence to the law will be observed.

  • It’s Wrong to disband Special Service Unit, Trans-Nzoia Governor Natembeya faults President Ruto

    It’s Wrong to disband Special Service Unit, Trans-Nzoia Governor Natembeya faults President Ruto


    Immediate former Rift Valley Regional Commissioner and now Trans Nzoia Governor, George Natembeya, has faulted President William Ruto for disbanding the Special Service Unit (SSU) drawn from the Directorate of Criminal Investigations (DCI).

    Ruto disbanded the DCI killer squad following accusations that the squad was involved in the forceful disappearance of Kenyans.

    Speaking during an interview, Natembeya claimed that it was a mistake for Ruto to disband SSU, saying such a hit squad was necessary for the stability of the country as he will soon realize.

    He argued that the unit was part of several of its kind formed by the government out of desperation in dealing with criminals and officers were just following orders.

    Natembeya reckoned that other similar units would be formed even under Ruto’s regime and that the back lies with a complete reform in the judicial sector.

    According to the Azimio Governor, criminal gangs are taking over the country and unless Ruto moves fast to form the hit squad, the country will be thrown to the dogs. “Criminals are going to rule Kenya. We fought Mungiki very firmly and defeated them yet we used the approach that these people are now condemning,” Natembeya declared.

    The county boss also condemned the open parading of the disbanded Special Service Unit (SSU) members drawn from the Directorate of Criminal Investigations (DCI), saying their lives are now in grave danger.

    The governor has said that disbanding DCI Killer Squad is just for camera saying that Ruto will form a deadly hit squad out of necessity.

  • Youngest Sen in the Senate, Essy from Bomachoge Kisii

    Youngest Sen in the Senate, Essy from Bomachoge Kisii

    Nominated Senator Esther Okenyuri
    Nominated Senator Esther Okenyuri

    Esther Anyieni Okenyuri, the founder of the ‘Women for Ruto’ campaign movement is the youngest senator in Kenya after she was picked to replace Soipan Tuya who was appointed Cabinet Secretary for Environment and Forestry.

    Okenyuri who is also the founder of the Kisii Youth Alliance, joined her youthful counterpart 31-year-old Nyandarua Senator, John Muhia Methu. 

    The Bomachoge Borabu-born leader is an alumna of the prestigious Kenya High School. She later joined the university where she was introduced to the world of leadership. She served as the first female Vice-President of the Student Organization of Maasai Mara University (SOMMU).

    Before the 2022 General Election, Okenyuri worked as an Assistant Director, Research in the office of the Deputy President. She was charged with developing concept papers to support the implementation of technical and vocational training institutions in every sub-county in Kenya, in line with the government’s agenda.

    This was after an unsuccessful nomination to the Kisii County Assembly after the 2017 General Elections.

    She was part of President William Ruto’s Western-Nyanza region campaign trail, mostly representing the interests of the youth.

    Okenyuri was actively involved in the Kenya Kwanza campaigns, which led to her initial selection among 16 women on the United Democratic Alliance (UDA) party’s senate nomination list that was submitted to the IEBC.

    She battled it out with bigwigs such as Veronica Maina, the UDA Secretary General, Nduati, Soipan Tuya, Miraj Abdulrahman, Joyce Korir, Caren Nyamu, Peris Tobiko, and Jamhuri Guyo.

    “Trusting in God, Patience, Perseverance, Consistency, and Hardwork Pays. Those who walked with me on this long journey through prayers and moral support, I thank you. You have been the source of goodness, resilience, and hope from which I’ve pulled strength,” she stated.

    She believes that her entry into the Senate is an affirmation that if anyone works diligently and shows up for duty, their dreams do come true.

    “I am a living testimony that your background, your surname, temporary setbacks and blips in life must not define your destiny, I’m the true reflection of Bottom-Up,” she confidently declared.

    Up on her agenda is the elevation of the education sector with a special focus on Technical and Vocational Education and Training (TVET) and the improvement and efficiency of reproductive health policies in the country.

    She affirmed that her nomination into the senate came to her by surprise, a role she accepted with humility and pride.

    “I wish to take this opportunity to thank His Excellency Dr.William Ruto for believing in me and giving me a chance to serve women in my capacity as a nominated senator. Hats off for elevating women purely on merit,” she rejoiced.

    When Okenyuri is not busy she enjoys a good football game, being a die-hard Manchester United fan.

    Her entry into the Senate has signaled the delivery of a promise made to the youth on inclusivity in matters of governance and decision-making.

  • Africa Investment Forum 2022 Draws $31 Billion in Investor Interest

    Africa Investment Forum 2022 Draws $31 Billion in Investor Interest

    This year’s just concluded Africa Investment Forum Market Days—the continent’s premier investment platform—has drawn $31 billion in investment interest from African and global investors. Combined with $32.8 billion from the rescheduled 2021 Africa Investment Forum Market days—which took place as virtual boardrooms in March this year—the forum has mobilized a total of $63.8 billion of investment interest this year. The three-day event, held in the Ivorian commercial capital, Abidjan, attracted the participation of several African heads of state and government. The leaders chaired boardrooms and led transactions with potential investors. They included Vice President Tiémoko Meyliet Koné of Côte d’Ivoire, who represented President Alassane Ouattara. Others were President Sahle-Work Zewde of Ethiopia; President Nana Akufo-Addo of Ghana; President Emmerson Mnangagwa of Zimbabwe; Vice President Jewel Howard Taylor of Liberia; Vice President Philip Mpango of Tanzania; Prime Minister José Ulisses Correia e Silva n of Cabo Verde; and Prime Minister Patrick Achi of Côte d’Ivoire. This year’s Market Days event—the third since 2018—took place under the theme: ‘Building Economic Resilience through Sustainable Investments.’ It was held amid global economic challenges that have been compounded by the impacts of climate change, the Covid-19 pandemic, and the Russia-Ukraine war. The event showcased the Africa Investment Forum’s founding partners’ joint resolve to help unleash Africa’s investment potential in such critical sectors as infrastructure, agriculture, energy, education, the creative industries, sports, and transactions that champion women entrepreneurs. The forum’s founding partners are the African Development Bank, Africa50, Afrexim Bank, the Africa Finance Corporation, the Development Bank of Southern Africa, the European Investment Bank, the Islamic Development Bank, and the Trade and Development Bank. The partners said the results this year have exceeded expectations, given that the world is currently grappling with so many unprecedented economic challenges. African Development Bank President Dr. Akinwumi Adesina commended the forum’s outcomes and the partners’ commitment. He said: “Despite the challenges, we are not afraid, and neither have we despaired nor lost hope. We are excited and committed to a collective goal… accelerating the closure of deals to transform Africa and its investment landscape.” Adesina said the Africa Investment Forum’s focus is to attract more foreign direct investment to Africa and ensure the private sector remains the driving force of that transformation. “The private sector is Africa’s growth accelerator. We must mitigate real and perceived risks and persuade the private sector that investing in Africa is safe,” he emphasized. Islamic Development Bank President Dr. Muhammed Sulaiman Al Jasser said in a message his organization was hopeful that “our commitment and dedication to the AIF will translate into tangible and measurable outcomes for the benefit of our member countries across Africa.” Al Jasser restated the Islamic Development Bank Group’s commitment to supporting transformative African projects, especially those promoting resilience, and financial, economic, and social sustainability. Trade and Development Bank Group President and Chief Executive Admassu Tadesse underscored the value of the “AIF spirit” in doing more to advance and close investments. Tadesse stressed: “Notwithstanding ongoing global crises, we have to keep our eye on the ball. We must continue to encourage and enable investment in agriculture and industry, as well as infrastructure. Growing our food and manufacturing more will enable us to trade more. It will lead to less overall greenhouse gas emissions linked to imports from far away, in the process also generating more employment and opportunities for our peoples.” European Investment Bank President Werner Hoyer said while traveling to COP27: “A diversity of ambitious and wide-ranging initiatives” attracted high interest at this year’s Market Days. “At the European Investment Bank, we are excited to see how the creativity and vision of African innovators are making an impact, particularly in the area of technology which holds such great potential for Africa’s future,” Hoyer said. Mohan Vivekanandan, Group Executive Origination, and Coverage, Development Bank of Southern Africa, noted that a unique feature of this year’s forum was that it focused on transactions. “It’s about the project sponsors, the project developers, and how we as development financiers help them get their vision implemented to improve the quality of life of Africans, and how we promote economic growth, job creation, and industrialization,” Vivekanandan said. Africa Finance Corporation President and CEO Samaila Zubairu said: “The current global economic challenges indicate the critical need to build Africa’s self-sufficiency by investing in resilient infrastructure. Such critical investment is needed to drive Africa’s industrialization and economic prosperity.” Africa50 CEO Alain Ebobisse said the Africa Investment Forum presented a timely platform to help scale up and speed up investments into Africa, especially as partners strive to build the continent’s resilience to economic shocks and climate change. Ebobisse: “Attracting new pools of capital into infrastructure will be critical. More specifically, Africa’s institutional investors, such as pension funds and sovereign wealth funds must play a critical role and will be the game changers for Africa’s infrastructure development.” Afreximbank President Benedict Oramah said: “This year’s Africa Investment Forum reflects, in the number, attitudes, and diversity of its attendees, the interest and optimism of global investors towards the continent and its opportunities. We close, knowing that the AIF, Africa’s largest transactional investment marketplace, continues to be a huge success. Moreover, the event serves as a measure of international confidence in Africa’s economic and political development, and the unmatched investment opportunities this is creating.” Africa Investment Forum Senior Director Chinelo Anohu said: “A lot of the successes recorded by the Africa Investment Forum are domiciled in the spirit of the partnership. It’s up to us to ensure the continent is what it ought to be.” Since its inception in 2018, the Africa Investment Forum platform has mobilized over $100 billion in investment interests. About the African Development Bank Group: The African Development Bank Group (AfDB) is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF), and the Nigeria Trust Fund (NTF). On the ground in 44 African countries with an external office in Japan, the AfDB contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org