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Latin America, Caribbean, Africa business summit aims at growing local SMEs

Small and Medium Enterprises (SMEs) in Kenya are set to benefit from their counterparts in Latin America during the upcoming Latin America Caribbean (LAC) summit.

The business conference will be held in Nairobi on 24th and 25th November. Speaking during the launch of the summit, Kenya Private Sector Alliance (KEPSA) Chairman, Amb Dennis Awori observed that Kenya is a huge beneficiary of the trade relations between the two regions and the conference will enable local SMEs pitch their products to the Latin American companies.

“We buy agricultural tractors from Brazil and compete with Columbia in the export of coffee. There are a lot of opportunities the two regions can benefit from if they come together and address their challenges as one,” said Awori.

The summit seeks to leverage the growing SMEs niche in Africa and expose them to the already established Caribbean business industry.

According to the Conference Director, Nerea Musita, the summit will offer insights on the different manufacturing industries and business opportunities to SMEs in Africa.

“The business summit will get the objectives of the Latin America and Caribbean countries and match them with those of the African countries,” said Musita.

President Uhuru and other Government officials are expected to grace the summit which will be held at the Safari Park Hotel and Casino.

The LAC and Africa Business Summit is the first to be held in Africa and joins the list of international conferences which have been held in Nairobi.

Source: SME Digest
Photo: Courtesy
By Ambrose Matata

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