The Commonwealth Enterprise and Investment Council (CWEIC) has launched its East and Central Africa hub in Nairobi with Equity Group as its anchor partner. CWEIC which is the Commonwealth’s business network will promote trade and investment by positioning the region strategically.
The Council will work closely with Equity Group to put in place initiatives that will encourage international investors and partners to capitalize on the opportunities arising from the Africa Continental Free Trade Area (AfCFTA) Agreement within the region.
Currently, the CWEIC has presence in the African continent through similar hub offices in Ghana, Nigeria and Cameroon which also covers operations in Gabon. Other hubs around the world include the Australia hub which covers the Pacific region, Bangladesh, UK, the
Caribbean and Singapore among others with additional representation in other countries across the world.
Lord Marland of Odstock, Chairman of CWEIC announced Dr. James Mwangi, Equity Group Managing Director and CEO as the
Chair of CWEIC’s East and Central Africa Hub.
“The Commonwealth Enterprise and Investment Council looks forward to extending its reach and impact within the East and Central African region. As a business network, we look forward to tapping into Equity Group’s extensive network within the region and the expertise of its leadership through Dr. Mwangi to build connections and partnerships for the business community from the Commonwealth member nations within the local markets.”
Dr. James Mwangi, Equity Group Managing Director and CEO said, “I am honoured to take lead in championing the work of CWEIC in the region through Equity Group as CWEIC’s anchor partner. CWEIC is an important partner for Equity Group as by working together we can accelerate the growth of the region through tapping into its key strengths particularly in its natural resources. Commonwealth has 56 member nations and the launch of the East and Central Africa Hub will allow MSMEs and other entrepreneurs to benefit from the common wealth and capital capacity of partners from the different member nations.”