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    Nairobi to host inaugural Africa Summit to Boost Trade

    Jan 16, 2025
    2 mins read
    Nairobi to host inaugural Africa Summit to Boost Trade

    The World Chambers Federation (WCF), in partnership with the Kenya National Chamber of Commerce and Industry (KNCCI), is set to host the inaugural Africa Summit from April 9 to 11, 2025, with the aim of boosting trade, investment, and sustainable growth.

    The summit, which will take place at the Kenyatta International Convention Centre (KICC) in Nairobi, will bring together 4,500 participants, including African Heads of State and Government, 500 small and medium-sized enterprises (SMEs), 350 entrepreneurs, and global investors from over 70 countries.

    The World Chambers Federation (WCF) is a global network that connects over 3,000 chambers of commerce from more than 125 countries, established under the auspices of the International Chamber of Commerce (ICC).

    WCF aims to enhance the effectiveness and reach of chambers worldwide, serving as a vital intermediary between business, government, and the public.

    Speaking at a press briefing, KNCCI President Dr. Erick Rutto said that the summit is a defining moment for Africa to assert its role as a global trade leader, since it will demonstrate Africa’s readiness to seamlessly integrate into global value chains, leveraging its immense potential.

    “Studies show that deeper integration could boost African trade by $150 billion annually by 2030. By strengthening collaboration between governments, businesses, and chambers of commerce, we aim to drive innovation, enhance trade efficiency, and position Africa as a key player in the global economy,” he said.

    Additionally, KNCCI Chief Executive Officer Ahmed Farah noted that hosting the summit is a unique opportunity to position Kenya and Africa as leaders in global business and investment.

    “As the Kenya National Chamber, we are proud to cohost the WCF Africa Summit 2025. This event showcases the strength of African chambers in driving trade, supporting SMEs, and fostering regional collaboration under the African Continental Free Trade Area (ACFTA),” he said.

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