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WHEF Regional Forum-East Africa
April 26, 2015 @ 8:00 am - 5:00 pm
City: Nairobi, Kenya
Venue: AmritHall, Sikh Union Club, Forest Road, Nairobi, Kenya
The World Hindu Economic Forum seeks to bring financially successful elements within the Hindu Society together such as traders, bankers, technocrats, investors, industrialists, businessmen, professional, economists and thinkers so that each group can share their business knowledge, experience and expertise with their fellow brethren so that everybody can learn about how to generate surplus wealth and to make society prosperous.
The World Hindu Economic Forum facilitates a platform to the Hindu businessmen so that they should be able to cooperate and collaborate in global market. The market access to the Hindu community across geographic zones and countries, spreading from Auckland to Alaska and Oslo to Johannesburg, cutting across the entire Globe needs to be created.
Business prospects in East Africa
The rate of return on foreign investment is higher in East Africa than in any other developing region. The continent is among the most rapidly growing economy region. The acceleration is a sign of hard earned progression promises. East Africa’s increased economic momentum is widely recognized due to internal structural changes that have spurred the broader domestic economy. Major economic growth is coming from the sectors like wholesale and retail, infrastructure and transportation, telecommunication and manufacturing. In the long term, internal and external trends indicate that East Africa’s economic prospects are strong.
East Africa’s long term growth is increasingly reflects inter-related social and democratic changes creating new domestic engine of growth. Key among them is urbanization and expanding labour force and the rise of middle class of African consumers. Countries in transitional economic region such as Kenya, Tanzania, Uganda, Ethiopia, and Zambia have begun their process of diversifying their growth. The agriculture and resource sector together account for as much as 35 percent of GDP in the transitional countries and for two-thirds of their exports. But they increasingly export manufactured goods, particularly to other African countries. The Hindu has significantly contributed to strengthening the economy of East Africa. This is a great opportunity for businessmen from Bharat and East Africa to come together and explore new business opportunities in the sphere of manufacturing, trade and agriculture.
World Hindu Economic Forum is organizing this WHEF East Africa Regional Forum to promote business.