A Review of the Nigerian Energy Industry

Kenya: Four Greek firms to invest in solar energy, tourism

Solar panels11 November 2013, Nairobi – Greek traders have said they are ready to invest in Kenya and source products for the Greek and European markets from Kenya.

The Kenya National Chamber of Commerce and Industry and East African Chamber of Commerce chairman James Mureu said four major Greek companies, including Big Solar, a leading green energy company in Europe will invest in Kenya.

“We got positive responses from companies who want to invest in solar energy, manufacturing, building and construction agricultural technology and tourism especially in construction of hotels,” he said.

Mureu, who is going to Sri Lanka to attend the Commonwealth Business forum, said he will hold discussions in Nairobi with government officials on how to fast track the facilitation of the Greek business people to set up their investments in Kenya.

Commerce Secretary Phylis Kandie lauded the businessmen and women who agreed to invest in Kenya.

She said they made sound investment decisions as Kenya is an investment hub in the East African region and a key link to the wider Commesa market.

“Our new administration led by President Uhuru Kenyatta is doing everything possible to create a conducive environment in order to attract huge foreign direct investment. This pledged investments from Greece are a step in the right direction,” Kandie said. Shemet Kenyans living and working in Greece.

Kandie urged them to make use of the Greek language and partner with Greeks in running their investments in Kenya. “Most of you have learned the Greek language. You are in a better position. You are better placed to help them set up their businesses in Kenya. Ensure that you take up this challenge,” she said.

– The Star

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