President Uhuru Kenyatta call on Asian economies to habituate Kenya as a gateway to Africa ’s market of over 1.2 billion people that is deserving more than US$ 29 trillion .

President Kenyatta read Kenya is the best entry point for Asian businesses that want to merchandise in Africa with the follow into strength of the African Continental Free Trade Area ( AfCTA ) .

“ I invite you to use Kenya as a gateway to the African continent . It is not only one of the top - ten fastest - growing economies in Africa but is also one of the most pro - business Nations on the continent , ” said President Kenyatta .

The President made the statement when he delivered the keynote address at the Singapore Summit 2019 on Saturday morning . The Singapore Summit , started in 2012 ,   is one of the frontmost events that brings together line of work and thought loss leader from Asia and around the world to discourse global trend in business , finance and geopolitics .

address the business leaders collect at the Shangri - La Hotel in Singapore , President Kenyatta said Kenya is a drawing card in pro - business reforms .

He said the land has score vast improvements in the World Bank ’s Ease - of - Doing - Business index , jumping 107 places since   2012 to its present position of number 61 globally and 3rd   in Africa .

The President said Kenya is also the leading country in Sub - Saharan Africa in terms of ICT and engineering - penetration , FinTech and Financial Inclusion .

Kenya ’s fluid phone subscriptions currently resist at 95 percent of its population of more than 45 Million .

The country has also leveraged on its strength in ICT and roving cellular subscription to become the global loss leader in nomadic money and roving banking .

“ Kenya ’s world - notable M - Pesa mobile money platform has promote financial comprehension in our country and cater a guide for reaching conventionally - unbanked populations across the part , ” said the President .

He urged Asiatic investors to seek partnership to enter the vivacious Kenyan marketplace and the wider continental market .

The President suggested several crucial steps to build a strong base for the partnership between Singapore and Kenya as well as between the Asian and African continent .

He said Kenya and Singapore should strengthen cooperation in building and expansion of transport , communicating , energy , living accommodations , and ICT infrastructure in Kenya .

The 2nd suggestion by the President was facilitation of mergers or collaborative arrangements between Asian society and Kenyan company ; and promotion of linkages between Micro , Small , and Medium - Size Enterprises ( MSMEs ) , on both position of the Indian Ocean .

President Kenyatta say there should be collaboration between Asia and Africa in cultural exchanges , capacity building and information sharing as the foundations for forging a novel path of productiveness and DoC .

After redeem his keynote address , President Kenyatta joined the chairman of the elevation Mr. Ho Kwan Ping for a panel discussion on Kenya ’s role in promoting closer partnership between Africa and Asia .

The President said Kenya ’s skilled human capital , thriving service industry , its leading ICT sphere and its strategical locating make the country the right gateway into the African continent .

He said Kenya and Singapore are explore the mood for direct flights between the two countries . He said like Singapore , Kenya is a hub for the whole of Africa and is connected to all parts of the continent and Europe as well as America .

President Kenyatta ’s sojourn to Singapore builds on the successful Afro - Asia Fintech Festival 2019 , which was co - host by Kenya and Singapore in Nairobi in July 2019 .

The President was accompanied by Central Bank Governor Dr. Patrick Njoroge , Housing Principal Secretary Charles Hinga and Amb Johnson Weru , the Director of Economic Affairs and Commercial Diplomacy Directorate at the Ministry of Foreign Affairs .

For more information : www.president.go.ke