Empowering African Businesses

7 African nations take part in Co-operative conference

0 60

- Advertisement -

Kenya is hosting the first East Africa co-operative conference – a forum that has brought together seven African countries to discuss opportunities and challenges faced in the sub-sector.

Kenya’s Ministry of industrialization and enterprise development is keen on reviewing three cooperative society Acts in an effort to transform the vibrant co-operative movement in Kenya.

Industrialization CS Aden Mohamed Monday said his ministry in collaboration with stakeholders in the sub-sector will embark on the review of the three Acts namely, Cooperative Society Act, Savings and Credit Societies (Saccos) Act and National Cooperative Society in order to grow the sector – currently the strongest in Africa.

“To remain competitive at a global level, Kenya’s co-operative movement will need to be professionalized; key among the reforms will be to review the sector’s three crucial societies Act,” he said.

He made the remarks during the first East Africa Co-operative conference being hosted by Kenya.

- Advertisement -

Themed Industrializing East Africa through Co-operatives, the two-day forum has attracted seven African nations – who will be addressing key among other issues how the region can harness its industrial potential to drive socio-economic development through the co-operative enterprise model.

The forum has attracted seven African nations namely, Uganda, Tanzania, Rwanda, Zimbabwe, Botswana, Swaziland and South Sudan.

1,395 total views, 0 views today

- Advertisement -


Subscribe to our latest updates

Signup for our newsletter and get notified when we publish new articles for free!

Social Media Auto Publish Powered By : XYZScripts.com