Nyanza International Investment Conference gains momentum with KNUT endorsement, set to attract global attention

Business
Nyanza International Investment Conference gains momentum with KNUT endorsement, set to attract global attention

The upcoming Nyanza International Investment Conference is set to make waves after it secured critical support from Kenya’s largest teachers’ union, the Kenya National Union of Teachers (KNUT).

Led by Secretary General Mr. Collins Oyuu, the teachers’ umbrella body has pledged its full backing for the conference and promised to mobilize its members to attend in large numbers.

With a robust network of 110 branches nationwide, KNUT’s endorsement adds substantial weight to the event, signaling broad-based support for the initiative.

The conference, scheduled for February 6th to 8th, 2025 in Kisumu City, aims to tap into the expertise and networks of professionals and businesses in Nyanza, with the goal of unlocking investment opportunities and driving sustainable development in the region.

The conference’s theme is: ‘Nyanza Rising: Towards Economic Transformation for Social-Economic Growth and Development.’

According to Mr. Eliud Owalo, the Deputy Chief of Staff in the Executive Office of the President, the event will serve as a platform to bridge the gap between professional expertise and government efforts in development.

“We have largely left development to the two levels of government – the county on one hand and national government on the other. Because of the politics around governance in this country, professionals have been taking a backseat and often come out complaining about underperformance at both levels of government. So, we decided to do it differently by pooling our resources and reaching out to professionals and prospective investors; and the best platform is none other than the international investment conference,” Mr. Owalo said.

The conference will feature a participatory approach, enabling professionals to directly contribute to discussions on investment opportunities.

By engaging with both local and international stakeholders, the event seeks to position Nyanza as a viable investment hub.

Among those involved in the outreach efforts are governors from the Lake Region Economic Bloc (LREB), an alliance of 14 counties dedicated to regional economic growth.

The event has also attracted interest from international partners, including the European Union, India, South Korea, the United Kingdom, and the United States of America.

KNUT’s involvement adds an important dimension to the conference. Mr. Oyuu emphasized that the role of teachers extends far beyond the classroom and into the broader societal development process.

“When you develop a teacher, you develop a child; and when you develop a child, you unlock the future of the nation,” he said.

He further underscored the value of the conference for teachers, noting that it will open doors to numerous opportunities for professional growth and regional development.

The conference is expected to provide a significant opportunity for collaboration between the private sector, professionals, and the political class, particularly as they focus on creating tangible outcomes for the Nyanza region.

Mr. Japh Olende, Chairperson of the conference organizing committee, observed that one of the main objectives is to produce “bankable instruments” to attract investments into the region.

He added that each participating county will be able to showcase its investment priorities through a document called the Instrument Profile, which will serve as a guide for prospective investors.

“We aim to create a compelling case for investment in Nyanza by offering a clear, detailed profile of what the region has to offer,” Mr. Olende said. “Our vision is to work hand-in-hand with KNUT and other stakeholders to ensure that we attract meaningful investments that can drive sustainable growth.”

Apart from the anticipated local investor interest, the conference will also see participation from international investors from countries including China, Türkiye, and India.

These international players will have the chance to explore opportunities in agriculture, technology, healthcare, and other critical sectors in Nyanza.

As part of Kenya’s commitment to regional economic development, LREB is one of the six economic blocs created to harmonize policies, mobilize resources, and foster collaboration among counties.

The Nyanza International Investment Conference will play a crucial role in elevating this vision, further solidifying Kisumu as a center of economic and investment activity.

As the conference draws nearer, the involvement of KNUT and other key stakeholders ensures that it will be a pivotal event in shaping the future of Nyanza’s economic landscape.

Trending Now


Recently, it was alleged that a troubled car dealer in the country does…


Subscribe to Our Newsletter

*we hate spam as much as you do

More From Author


Latest Posts

See all >>