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Kenya, UNCTAD To Champion Global Trade

Updated 11 months ago
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Kenya and the UN Conference on Trade and Development (UNCTAD) will work together to champion global trade and development matters.

President William Ruto and UNCTAD Secretary-General Rebeca Grynspan agreed that it was a promising path to growth.

They added that this was also key to integrating and uplifting developing countries.

The UNCTAD Secretary-General said the agency will launch its African Report in Nairobi in August. The report will, among other things, assess Kenya’s e-commerce level.

The two spoke at a meeting in Geneva, Switzerland.

Earlier Thursday, President Ruto addressed the International Labour Organisation World of Work Summit.

He said Kenya has the financial infrastructure to support e-commerce.

Ruto said Kenya’s global leadership places it in a unique position to drive the growth of e-commerce.

“Kenyans are tech-savvy and online financial services have moved the bankable population from a low of about 30 per cent to about 80 per cent,” he said.

This foundation, he noted, had enabled the government to move thousands of services online.

The government, President Ruto explained, has been onboarding public services online.

In September last year, only 320 government services were online.

“Since then, more than 4,000 services have gone online and will hit the 5,000-mark by the end of June, ” the President said.

The government’s programme to install 25,000 WiFi hotspots at markets and urban centres is also underway.

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