A delegation of about 40
Irish investors and top government officials visited Kenya in November.
During the visit, the delegation led by Heather Humphreys, the Irish
Minister for Business Enterprise and Innovation, inked investment deals
worth Sh4.8 billion with a number of Kenyan companies.
The deals were in education, construction and financial technology.
Ms
Humphreys said the aim of the visit was to, among others, strengthen
the bilateral ties between Kenya and Ireland. In an interview with the
Business Daily, she explained in details the European nation’s interest
in Kenya.
WHY THE IRISH INTEREST IN KENYA, CONSIDERING THAT AFRICA HAS MORE THAN 50 COUNTRIES?
Kenya
is one of the fastest growing economies in Africa as well as in the
East African region. It offers a plethora of opportunities in financial,
communication and transportation sectors.
More so, the two countries have forward-thinking economies that
focus on development, prosperity, understanding and peace of its people.
In addition, we share a historical relationship in education and religion that spans years.
SO FAR, HOW MUCH HAVE YOU INVESTED IN KENYA?
We
currently have a bilateral agreement worth Sh16.8 billion between our
two countries and we are looking forward to increase the amount.
WHAT ARE SOME OF THE GAPS THAT YOU HAVE SEEN IN THE KENYAN MARKET?
Kenya
has a lot to offer and we believe there are numerous gaps in various
sectors where Irish companies can fill. The void is in agricultural,
education, construction and financial sectors where we can provide
solutions in terms of technology and expertise.
WHAT CAN KENYA LEARN FROM IRELAND’S DAIRY SECTOR CONSIDERING THAT YOU ARE ONE OF the LEADING DAIRY PRODUCERS IN THE WHOLE WORLD?
Well,
we have incorporated technology in our dairy system so that our farmers
get indispensable information to enable them improve their yields. The
system has allowed farmers to get better output with minimums input.
Adoption
of science in the sector is key. We have signed an investment deal
worth Sh112.3 million with the Kenya Agriculture and Livestock Research
Organisation that will be used to educate dairy farmers in Kenya in
forage management, breeding and food processing. We are also working
closely with the Kenyan government to share the experience and know-how
that will benefit local dairy farmers.
WHAT IS THE AVERAGE YIELD OF AN IRISH DAIRY FARMER VIS-À-VIS THE KENYAN COUNTERPART?
We
have about 18,500 family owned-dairy farms in Ireland and they produce
around 5,400 billion litres of milk annually. We are in fact the 10th
largest dairy exporting nation in the world. We have a strong reputation
for producing good quality food in a way that is unrivalled throughout
the world.
These are some of the skills that we would like to share with Kenya so that she can be able to produce more in the dairy sector.
HOW HAS IRELAND BEEN ABLE TO BECOME FOOD SECURE AND WHAT KENYA CAN LEARN FROM IT?
We
are about 4.8 million whereas Kenya has more than 40 million people. We
produce more beef than that we can consume, with our country being the
fifth largest beef producer in the world. Moreover, our food production
can sustain more than 35 million people yet our population is under five
million. Our dairy sector produces about 15 percent of the world’s
milk.
Kenya need to abandon the old-fashioned system of
agricultural production and instead leverage on technology to enable it
grow its food capacity.
HOW DO YOU INTEND TO BALANCE TRADE IMBALANCE BETWEEN THE TWO COUNTRIES?
This
relationship is not a one-way thing but two-way. It is meant to
mutually benefit the two countries. We see many opportunities for Kenyan
companies in Ireland too. With this, we will be able to balance trade
between our two countries.
IF THE UK LEAVES EUROPEAN UNION, HOW WILL IT HELP YOUR COUNTRY FORGE TRADE TIES WITH KENYA?
Ireland of course is the gateway to Europe and we are the only English-speaking nation in the European Union after the UK.
The
exit of the UK from the European Union will help us a lot as Kenyan
companies who would wish to have a European base that would have
traditionally gone to UK, will now have Ireland as an alternative.
We
have a very stable regulatory system, a stable government and a highly
educated young workforce and a pool of talent. We also have an access to
a pool of 500 million consumers in the EU and on top of that we have
people moving into Ireland freely if they would like to work there and
across EU.
THERE IS NO DIRECT FLIGHT BETWEEN DUBLIN AND NAIROBI. WON’T THAT AFFECT THE TRADE BETWEEN THE TWO COUNTRIES?
Of course there is no direct flight between our two countries and that is indeed one of our biggest challenges.
Direct
flights will make it easy for people to move between the two countries
without having to have connecting fighting flights which are costly and
time-consuming.
IRELAND’S UNEMPLOYMENT RATE IS BELOW FIVE PERCENT. WHAT CAN KENYA LEARN FROM IT?
Ireland went from 16 percent unemployment in 2012 and now we are under five percent.
Even with our low unemployment rate, we have not got complacent and we continue to look for even more opportunities.
Kenya
as well can reduce the unemployment rate among her youth by expanding
its manufacturing, business and agricultural sectors the way Ireland has
done.
No comments :
Post a Comment