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Published On: Mon, Jul 13th, 2015

Econet founder Masiyiwa sets eyes on Kenya

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President Uhuru Kenyatta

ECONET Wireless founder and chairman, Strive Masiyiwa has set his eyes on investing in Kenya along with a list of leading business executives drawn from all over the world.

Masiyiwa, regarded as one of the richest Zimbabweans, on Saturday met with Kenyan President Uhuru Kenyatta for investments talks along with other leading business executives targeting the East African country’s green environment sector.

According to Kenyatta’s Facebook page, Masiyiwa joined the likes of Richard Branson- founder of Virgin Group, which has more than 400 companies, Jacqueline Novogratz (founder and CEO, Acumen-a non-governmental organisation aimed at empowering poor societies,  Chris Anderson (curator, TED Conference) Dipender Saluja (Capricorn Investments), Steve Jurvetson (Draper Fisher Jurvetson), Jean Oelwang (CEO, Virgin Unite), Bob Collymore (Safaricom) and Zia Khan of the Rockefeller Foundation where they explored ways to utilise Kenya’s green energy.

“They proposed renewables project would benefit the 50% Kenyans who are yet to access electricity,” read Kenyatta’s post.

“Investors in this initiative have chosen Kenya because the Government is ready to listen to ideas and help implement them.

The project would cover Kenya and Rwanda, before being rolled out to other parts of the African continent. Both countries will serve as models,” the president stated in his posting.

Masiyiwa has established probably the best telecoms giant in Zimbabwe which has spread to other countries such as Botswana and Swaziland.

Recently, Masiyiwa acquired Telecel International’s unit in East Africa and the latest move could see his influence grow in that region.

 

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