Uhuru to attend Abidjan African CEO forum

President Uhuru Kenyatta speaks at a past Mashujaa Day celebrations. PHOTO | JEFF ANGOTE  

In Summary

• Kenya achieved middle-income status last year and has since been the fastest growing economy in the region forecasted to grow at 6.6 per cent in 2016, while Ivory Coast has been growing at a buzzying 9 per cent per year since 2012.

By LILIAN OCHIENG'
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President Uhuru Kenyatta is set to attend the Africa CEO Forum in Ivory Coast to discuss private sector growth.

His Ivorian counterpart Alassane Outtara, will host the forum in Abidjan with over 800 participants comprising of chief executive officers, bankers, investors and policy makers.

“The two presidents will exchange views and discuss different approaches to accelerating structural reforms and improving the business climate, in order to foster a strong private sector capable of fuelling growth,” says a statement from the African CEO Forum slated for March 21.

Kenya achieved middle-income status last year and is forecasted to grow at 6.6 per cent in 2016, while Ivory Coast has been growing at a buzzing 9 per cent per year since 2012 as if to make up for time lost in war.

Together, the two countries will device means of pushing forward the West and East African economies in terms of growth, through innovative and collaborative measures in policy.

Investments in Ivory Coast now account for more than 20 per cent of GDP and exports have been growing since 2009.

The African CEO forum takes place annually and has been influential in fostering development of the private sector by promoting dialogue and regional integration.