Nige­ri­ans scout for in­vest­ment op­por­tu­ni­ties at the Coast

The Star (Kenya) - - News Business -

CHARLES MGHENYI/ Nige­rian busi­ness­men are keen to in­vest in real es­tate, telecom­mu­ni­ca­tions, tourism and agri­cul­ture at the Coast. The in­vestors from Kaduna State in north­west Nige­ria ar­rived in Mom­basa on Sun­day on a hol­i­day-cum-busi­ness trip. On Mon­day, they paid a cour­tesy call on the Kenya Na­tional Cham­bers of Com­merce and In­dus­try of­fices. Speak­ing af­ter meet­ing KNCCI Mom­basa vice chair­per­son Rukia Rashid, the in­vestors said they are im­pressed with op­por­tu­ni­ties avail­able. Mo­hammed Rimi, an in­vestor, said they had lit­tle in­for­ma­tion on where to put their money. “To­day, we have es­tab­lished con­tact with the Kenya Cham­bers of Com­merce, and we are go­ing home with an un­der­stand­ing that we can in­vest here in Kenya,” Rimi said. The busi­ness­men said Kenya is a re­gional eco­nomic hub, and will pro­vide a favourable busi­ness en­vi­ron­ment for Nige­rian com­pa­nies in East Africa. “This visit by the Nige­rian in­vestors gives us an op­por­tu­nity to work to­gether. Mom­basa and Kenyan in­vestors should grasp this in­vest­ment op­por­tu­nity,” Rukia said.

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