Foreign investors voice concern over insecurity in Kenya

Jeremy Hulme, Director of the Nairobi-based Tropical Farm Management Kenya, said that the 'terrorist' threat was real but said that trade and trade and commerce had nonetheless to continue.

Foreign investors voice concern over insecurity in Kenya

World Bulletin / News Desk

Foreign investors have expressed deep concerns over insecurity that has gripped Kenya following a recent spate of attacks in the East African country.

"Germany investors are very much concerned about the security situation," Michael Ruch of the German-based company Joh. Achellis und Sohne, told Anadolu Agency on Wednesday.

"For all those investors who live in Kenya, actually they have to accept it because it is not so easy anymore as it used to be, but I think it is a worldwide problem not only a Kenyan problem. Terrorists are active worldwide," he said.

His warning came as the first-ever East Africa-Germany business conference opened in Nairobi on Wednesday, bringing together more than 400 hundreds foreign investors, mostly from Germany.

Jeremy Hulme, Director of the Nairobi-based Tropical Farm Management Kenya, said that the 'terrorist' threat was real but said that trade and trade and commerce had nonetheless to continue.

"Everybody is concerned about it but in our business which is trading in all parts of the coffee chain, through from farming to export, we have been here [for] fifty years, as an investor here in the Kenyan Coffee Industry and we are here to stay," he said.

But Kenyan Foreign Affairs Minister Amina Mohamed, who attended the conference, assured investors that her government was taking measures to enhance security following recent attacks.

"Security is something we are working on. And I think that right now we are in a much better place than we even were," Mohamed said.

"Our investors have never been targets. Our visitors from outside have never been a target. And therefore we don't think that that should be a major concern," she said. "In addition to that, we have put in place mechanisms and systems to make sure that we protect those that come to visit our country."

Kenya has recently been the target of several deadly attacks blamed on Somali group Al-Shabaab.

The frequency of attacks in Kenya has picked up since the country's decision to send troops to Somalia in 2011.

Nairobi first deployed troops to its troubled neighbor following a series of kidnappings of foreign tourists from the Kenyan coast, many of whom were later executed by Al-Shabaab rebels.

Al-Shabaab also claimed responsibility for the 2013 Westgate Mall attack in Nairobi in which 67 people were killed.

Last Mod: 05 Haziran 2014, 10:13
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