The Kenya National Chamber of Commerce and Industry (KNCCI) has announced a landmark achievement for the nation and its business community. On July 26, 2024, Dr. Erick Rutto, President of KNCCI, revealed that Kenya has been selected to host the inaugural World Chambers Federation (WCF) Africa Summit in June 2025. This announcement follows the official declaration made by Mr. M. Rifat Hisarcıklıoğlu, Chair of the WCF.
Dr. Rutto expressed immense pride and gratitude for this prestigious opportunity, highlighting that the selection process was highly competitive, with Kenya emerging as the preferred host over several formidable contenders. This victory is attributed to the robust efforts of KNCCI and the unwavering support of its partners.
The WCF Africa Summit is set to be a pivotal event for commerce and industry across the continent. Historically, WCF Summits have been influential on a global scale, and this will be the first time Africa hosts such a significant event. The Summit aims to gather business leaders, entrepreneurs, and innovators from across Africa and beyond, fostering dialogue, collaboration, and economic growth.
Kenya to Host the Inaugural World Chambers Federation Africa Summit in June 2025
Anticipated to attract over 4,500 participants from more than 70 countries, the Summit will include key stakeholders from various sectors. This event is expected to signal Kenya’s confidence as a regional hub and showcase the strength of its private sector. It will also highlight Kenya’s critical role in the African Continental Free Trade Area (AfCFTA) and underscore the nation’s position as a key investment destination.
Dr. Rutto emphasized the monumental opportunity this event presents for Kenya. The Summit is expected to draw in investors, create trade and partnership opportunities, and significantly boost the tourism and hospitality sectors. Furthermore, it will enhance Kenya’s reputation as a vibrant and innovative economy, capable of hosting global events of this magnitude.
“KNCCI is committed to collaborating with various stakeholders to ensure the success of the Summit. Partnerships will include the government, private sector, regional blocs, and the international community to address pressing business issues and explore new growth opportunities” Rutto stated
The announcement also highlighted KNCCI’s rich global network and dedicated trade missions, which have been instrumental in securing this honor. The Summit aligns perfectly with KNCCI’s agenda to promote economic development, facilitate trade, and foster a conducive business environment in Kenya and across Africa.
Dr. Rutto extended heartfelt appreciation to the World Chambers Federation for their trust in Kenya. He also expressed deep gratitude to the KNCCI Board, NGC, Secretariat, and partners for their relentless efforts and support.
“Together, we will ensure that the inaugural WCF Africa Summit in June 2025 is a resounding success, leaving a lasting impact on all participants and the global business community,” said Dr. Erick Rutto.
This historic event marks a significant milestone for Kenya and the African continent, setting the stage for future growth and collaboration in commerce and industry.