Commonwealth Partners with Equity Group to support Africa trade

By MAXIMILLA WAFULA, NAIROBI 

Commonwealth Enterprise and Investment Council (CWEIC) has launched its East and Central Africa hub in Nairobi with Equity Group as its anchor partner.

The council seeks to promote trade and investment by positioning the region strategically. It will work with Equity Group to put in place initiatives that will encourage international investors to invest in the

opportunities arising from the African Continental Free Trade Area (AfCFTA) Agreement within the region

Lord Marland of Odstock, Chairman of CWEIC announced James Mwangi, Equity Group Managing Director and CEO as the chair of CWEIC’s East and Central Africa Hub.

“We look forward to tapping into Equity Group’s extensive network within the region and the expertise of its leadership through Mwangi to build connections and partnerships for the business community from the Commonwealth member nations within the local markets,” said Marland.

Mwangi said he was honoured to take the lead in championing the work of CWEIC in the regionthrough Equity Group as CWEIC’s anchor partner.

He noted that CWEIC had signed up to partner with Equity in the implementation of the Group’s Africa Recovery and Resilience Plan which focuses on Africa’s comparative advantage in primary sectors such as agriculture and extractives and value addition through manufacturing, logistics. Others are enabling access to new markets through trade and investment, strengthening of micro, small and medium enterprises (MSMEs), support local and regional supply chains, social and environmental transformation and promoting a technology enabled economy.

The launch was graced by Cabinet Secretary for Trade, Investment and Industry Moses Kuria. Kuria

lauded the efforts of the Commonwealth Enterprise and Investment Council and Equity Group

in rallying the region to strengthen its unity and growth through trade.

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