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Thursday, September 24, 2015

Seven American companies eye partnerships in Nairobi

Politics and policy
 President Obama. Business optimism improved after his July visit. PHOTO | FILE
US President Barack Obama. Business optimism improved after his July visit. PHOTO | FILE 
By NEVILLE OTUKI

A group of American investors are in Nairobi for partnership talks with local firms on the supply of health, water and electrical equipment alongside provision of business solutions.
The delegation of seven firms on Tuesday met local firms with a view to striking deals, coming after the Global Entrepreneurship Summit in July headlined by President Barack Obama.
The business visit dubbed ‘Trade Winds-Africa’ has been organised by US Department of Commerce aims to open new markets in the continent for American firms.
“Africa presents an incredible opportunity for global US companies,” said regional senior US commercial officer Donald Nay, the highest-ranking commercial diplomat in sub-Saharan Africa.
“We are excited to bring these companies to the continent, connect them to promising opportunities, and get them on the right path to success.”
The visiting firms include Medi-Kal Resources, involved in medical equipment supply and B360 which offers feasibility services in sectors like infrastructure, energy, power, environment, water and mining.
Others are Ardry Trading Company that supplies electrical equipment and American Micro Detection Systems — supplier of equipment for real-time water analysis.
The seven firms are part of more than 100 businesses that have been on fact-finding mission in African nations including South Africa, Angola, Ethiopia, Ghana, Kenya, Mozambique, Nigeria, and Tanzania.
“Kenya presents a great opportunity and interesting challenge for us,” said B360 managing director Peter Karenge, who is a Washington-based Kenyan.
“As a firm, B360 is passionate about US-Africa trade, our unique nature enables us to act as bridge between the two continents,” he said.

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