U.S. President Barack Obama and his Kenyan counterpart President Kenyatta a few hours ago opened the 6th annual Global Entrepreneurship Summit (GES) at the U.N headquarters in Gigiri, Nairobi. The summit was co-hosted by the two governments where they both reiterated their commitments to inculcate the spirit of entrepreneurship in a fashion that will ensure economic growth, social inclusion and secure communities.
GES inception traces its roots from the historic speech made by President Obama in Cairo, Egypt back in 2009. Since then, Obama has encouraged a U.S. led engagement around the world encouraging innovation and entrepreneurship as embodied under the GES initiative that was first held in Washington D.C. back in 2010.
Over the years, GES has been the focal point for a U.S.-led engagement in catalyzing entrepreneurship in countries across the globe. Where the summit goes, the summit seeks to promote innovative ecosystems and advocate for a conducive business climate. By lobbying for the rule of law, transparent governance, economic empowerment of the youths, women and the marginalized communities. It has also mobilized the private sector to get actively involved in this process.
The …read more