Presentation Transcript

1. Welcome Remarks

   Amb. Dr. Francis K. Muthaura Chairman, Hills Institute
2. Introduction to Hills Institute for Regional and International Trade Hills Institute was conceived out of appreciation of the economic transformation taking place in the East African Community and the African region in general. Africa and the East African Community are currently under focus in corporate boardrooms and international economic forums. However, while the economic dialogues are mainly taking place in Europe, North America, Asia and South Africa, there are no such forums taking place in East Africa, excluding inter-governmental conferences. Hills Institute’s mission is to fill that gap by providing forums for economic actors with regional and international business interests and growth ambitions to discuss topical and emerging challenges and opportunities in the regional and international business environment.
3. Introduction cont…… Economic transformation in Africa is being led by a combination of good governance and appropriate policy choices on the one hand and on the other, by the business successes being achieved in the oil, mining and communications sectors as well as the huge  infrastructural investments being made in most countries of the region. The outcome of such strategic dialogues will impact on regional business strategies and policy choices aimed at making Kenya and the East African Community competitive emerging markets. To ensure that happens Hills Institute will facilitate dialogue of best minds in business, government, regional, international economic organizations and the academia.
4. Regional Business Scenarios The regional market scene presents the following scenarios: Regional Business Penetration Regional Market Opportunities Risks in Regional Business
5. Regional Business Penetration Financial and Insurance Services Manufacturing Wholesale and Retail Businesses Hospitality – tours & travel Transport – road, railway and air services Professional Services
6. Regional Business Penetration cont.. Real Estate Development Education and Health Services Trade in Commodities IT Services Energy – electricity, oil and gas Export/Import trading business
7. Regional Market Opportunities: EAC, COMESA, SADC and ECOWAS market regimes Large and fast growing populations (EAC and Ethiopia alone have 200 million people) Most of the economies in the region are growing at over 6% Growing middle consumer and entrepreneurial class Plenty of new found oil, gas and minerals (Tanzania, Uganda, Mozambique, Angola, Kenya, Ghana, Equatorial Guinea and Southern Sudan, plus the forerunners Nigeria, Zimbabwe, Zambia, South Africa and DRC)
8. Regional Market Opportunities cont… Huge infrastructural development, particularly in Ethiopia, Tanzania, Uganda, Kenya, Ghana, Nigeria and Angola. Emergence of regional economic powerhouses – South Africa, Nigeria, Egypt, Kenya, Ghana and Ethiopia. Pro business government policies Competition among the regional and global economic actors
9. Risks in Regional Business Policy, legislative and political changes Market instability or disruptions e.g. Southern Sudan and DRN internal conflicts. Macro-economic instability Logistic failures and inefficiencies Bureaucratic red tape and corruption Natural calamities (drought, floods)
10. Classification of Risks This conference will focus on mitigation of regional business risks under the following heads: Financial Risks Market Risks Political Risks Strategic Risks
11. Conference Speakers We are honored to have with us very able and accomplished speakers on these subjects. Most importantly, we are privileged to have the Cabinet Secretary for Industrialization, Mr. Adan Mohamed, to deliver the key-note speech this morning. In the afternoon the Cabinet Secretary for Foreign Affairs Amb. Amina Mohamed will address the topic on regional business risks with a political dimension. Also speaking this morning, is the Deputy Head of the EU delegation to Kenya, Ms. MarjaanaSall.
12. Conference Speakers cont… The other eminent speakers today are: Vimal Shah, Chairman of KEPSA and EABC Benson Wairegi, Group CEO Britam Dr. Manu Chandaria, Chairman Comcraft Group Dr. LudekiChweya, Director General, Kenya School of Government Dr. Moses Ikiara, CEO, KENINVEST Dr. AdanBika, IGAD Mr. Paul Muthaura, Ag. CEO, Capital Markets Authority Dr. GituroWainaina, Ag. CEO, Vision 2030 Ms. MarjaanaSall, Deputy Head of EU Delegation Mr. Peter Gakunu, Director, Hills Institute