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Minister Coveney highlights business opportunities for Irish companies in Kenya

Irish Aid, Minister Simon Coveney, Trade, Press Releases, Africa, 2017

 

Minister Coveney highlights new business opportunities for Irish companies in Kenya

 

Minister Simon Coveney, who is currently on a visit to the Horn of Africa, is today attending a series of business promotion events in Nairobi, Kenya.  The East African country has one of the highest economic growth rates on the continent and Irish business is active in a number of important markets, including agri-food, international education, healthcare and ICT sectors.

 

Enterprise Ireland is actively involved in supporting Irish companies while the Embassy in Nairobi provides ongoing support and networking contacts for new entrants to the market. 

 

Minister Coveney said:

 

Ireland and Kenya have an excellent bilateral relationship built on strong historical ties and people to people links.  This positive legacy means that it is natural and easy for Irish and Kenyan people to do business for the mutual benefit of both countries.

 

“It is clear that there are significant opportunities for Ireland and Kenya to increase trade and strengthen business to business relationships, based on sharing expertise in sectors which are hugely important to both countries; such as agriculture, food, health and education. The Irish Embassy in Nairobi is playing a pivotal role, along with the Business Ireland Kenya network and Enterprise Ireland, to seize on these opportunities

 

“This morning, I was delighted to launch a new Ireland-Kenya Agri-Food Strategy which will be delivered by the Irish Embassy in Nairobi in close cooperation with Teagasc and Enterprise Ireland.  This is part of a general plan to increase trade opportunities between both countries”.

 

A number of business agreements are being signed today between Irish and Kenyan companies in the presence of Minister Coveney. These agreements will enable Irish expertise in potato production, marine research, higher education, horticulture, computing skills and medical technology to benefit Kenyan companies, which will in turn boost two-way trade between both countries.

 

Minister Coveney added:

 

I am very impressed by Kenya’s economic progress and its role as an economic powerhouse for the region. The country has transformed from largely agrarian into one of the most diversified and innovative markets with a thriving technology sector. The parallels with Ireland are striking. I am very optimistic that we can increase the volume of trade between both countries in the coming years.”

 

ENDS

Press Office

7 November 2017

 

 

Notes to editor:

 

As part of Minister Coveney’s engagements in Nairobi, he will: