Kenya Taps Missions Abroad as Trade Hubs in New Economic Diplomacy Push

PS Sing’Oei said the initiative is anchored on Kenya’s new foreign policy, adopted in December 2024. - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
✨ Key Highlights
Kenya's Ministry of Foreign and Diaspora Affairs has partnered with Real Sources Africa to transform its diplomatic missions into economic hubs, aiming to boost trade for local enterprises. This initiative aligns with Kenya's new foreign policy, adopted in December 2024, which prioritizes economic diplomacy.
- The initiative seeks to unlock global markets for Kenyan businesses, particularly SMEs, by addressing an informational gap regarding market demand and local production.
- Real Sources Africa, a Kenyan youth-led platform, will use technology to connect domestic businesses with international buyers, building on its "Trade Connect Africa" programme.
- Principal Secretary Korir Sing’Oei emphasized that Kenyan diplomatic missions will now serve as hubs for facilitating economic diplomacy and market access, leveraging existing agreements like the African Continental Free Trade Area (AfCFTA).
Continue Reading
Read the complete article from Capital News