Kenya is set to host the second edition of the East Africa Islamic Economy Summit that will be held on the 10th & 11th of April 2017. This came as the Islamic Economy has continued to see a tremendous increase in recent years transcending its traditional geographic boundaries.
Analysts say its entrance into East Africa could revolutionize the region’s finance & banking sector, Tourism, and Hotel sector and Fast moving consumer goods. The meeting will be held to explore how East Africa can tap into the Islamic Economy, with an estimated global value of $2.3 trillion.
It will be another platform endorsed by East Africa’s Private and public sector leadership with speakers drawn from Governments, international experts on Islamic Finance and Economy, Banking sector leaders, regulatory authorities etc.
The summit comes at a time when East Africa’s traditional Investor and FDI sources are faced with changing political dynamics, uncertain global markets and divergent monetary policies hence making it the right moment for the region to diversify its investor portfolio.