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There is a ray of hope for Kenyans as the government signed the Comprehensive Economic Partnership Agreement – CEPA on 15th January 2025. The ceremony to sign the agreement was graced by the President Dr. William Ruto who also hosted the United Arab Emirates President His Highness Sheikh Mohamed bin Zayed Al Nahyan, UAE Minister of State for Foreign Trade, Thani bin Ahmed Al Zeyoudi and the Prime Cabinet Secretary Musalia Mudavadi.
But why is this agreement important to Kenya and especially Optiven? Optiven has been at the forefront of empowering investors to invest back in Kenya. The leading real estate company has been in business for over two decades and with high presence in the diaspora including Asia and specifically Dubai.
Commenting on the development, Dr. George Wachiuri, Optiven Group CEO said, “the shift is here now and the CEPA if implemented to the letter is set to catapult Kenya to global standards on matters trade. The agreement is a gamechanger for it’s role in shaping trade, attracting investments and in line with the Optiven vision, to create jobs.”
Wachiuri adds, “the agreement aligns with the government’s broad trade strategy and we have seen similar engagements with the EU, the United Kingdom and the African Continental Free Trade Area. In all instances these are diaspora regions that are also important to us as Optiven. ”
His sentiments come as the Optiven diaspora teams kickstart their engagement in Africa with trips to Burundi and Rwanda taking off this January 2025. As Kenya’s leading real estate company, Optiven has also been awarded various awards in the diaspora for it’s role in empowering Kenyans to own land back home.
The agreement will solidify Kenya as a gateway to East Africa. It will also wade away barriers to trade, open up markets and foster investment in agriculture, technology and tourism. In addition, the agreement shall enhance cooperation in services, and recognise the important role of economic development.
The United Arab Emirates is Kenya’s second largest source of imports and sixth largest export destination. Sources indicate the bilateral trade between the two countries realized 3.3 billion dollars in 2023
Dr. Wachiuri is a celebrated author with three books to his name, including “Soaring like an Eagle,” “Unleash Your Full Potential,” and “After The Plunge.” He is also a philanthropist, motivational speaker, lecturer, and church elder.
For more information,
Contact Optiven at: 0790 300 300 / 0723 400500
Email: info@optiven.co.ke
Website: https://www.optiven.co.ke
