Apple Chief Executive Officer(CEO) Tim Cook has stated that the iPhone maker company will consider setting up a developers academy in the country and tap into Kenya’s green data potential.
This is after President William Ruto invited American technology companies to set up manufacturing operations and regional offices in Kenya.
He spoke after meeting Cook, Patrick Gelsinger (Intel), Google’s Chief Financial Officer of Alphabet Ruth Porat, Brad Smith (Microsoft COO) and other executives from Microsoft, Nike, GAP and Levi Strauss.
The Head of state said Kenya has a conducive environment for investments in technology and manufacturing.
“Kenya is a full package investment destination; economically stable, entrepreneurial, secure, innovative with a favourable tax environment, skilled labour force, technological expertise, green energy credentials and a gateway for six undersea fibre-optic cables providing reliable data connectivity,” he said.
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Ruto assured the investors that the Government will carefully consider and address any concerns they may have to increase their confidence in Kenya.
On his part Intel’s Gelsinger noted that Kenya as a good investment destination.
On the other hand, Smith said Kenya’s impressive returns on investment position it as an appealing destination for American venture capital.
Additionally, he stated that despite offering solutions with broader applicability to connectivity and energy, remains largely unexplored.
Visa Global President Oliver Jenkyn said Kenya has played a vital role in enabling Visa to establish a strong presence in the East African market.
He said the organization has picked Kenya as the only African country to host Visa’s global digital innovation studio.