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alvin Munene

Obama is in Kenya—Economical significant

Well! Well! Well! What can I say! This is the moments I feel proud of my country and more so as a business protégée. President Obama has roots in Kenya as his father was Kenyan, in fact, his fast name Barrack means blessing in Swahili. Many people view this as a pity visit, but I am more concerned about the economic value his visit gives to my country. Obama is in the country attending an Investors forum with other major world investors.

Marketing

Cameras of every major and minor media house are pointed at Nairobi Kenya. Investors would like to know what is so special about the country and what Obama is doing. If the visit does nothing else but points investors to the country, it will be a great success.

The Shark Tank Investors were in the country trying to see what investments they can sink their teeth in. Such are the motivations of the entrepreneurs of the country.

Security measures


The country has experienced a few security concerns in the past, nothing as chronic as some media outlets portray *cough* CNN. These media houses use Nairobi as their base anytime they want to air African stories and have their headquarters in the country as well. By the end of the day, CNN had to recant their headline due some blazing attacks on Twitter (Kenyans love twitter). The state upped the security measures in readiness for Barrack’s arrival. The better can only benefit the country as investors and businesses are more likely to be more confident in investing and expanding.

Motivated Entrepreneur

The event is set to be a recurring forum, giving entrepreneurs the opportunity to brainstorm more with the confidence that there is a better chance of getting investors on board.

Country renovations

Anytime a visitor comes home, you try to clean up to give them a better feel of your home. That is what Kenya has done by cleaned up the roads; streets put up better security lamps and cameras on the streets. These things will be there after Obama leaves, and the locals are sure to benefit from it.

Better trade relations

The two heads of state signed a contract that would allow better trade between the two countries. We are hoping to export more to the US and import less as a result of this contract. An increase in the export will help grow our economy and strengthen the Kenyan shilling against the US dollar.

Tourism

Barrack highlighted some of the excellent tourist attractions in the country and advised foreign countries to impose travelling advisories with more caution. And just the fact that He visited the country would propel more tourists to visit as a result.

The visit is not only significant to Kenya and Africa, but the world. It pits two contrasting countries as they try to create a relationship that will benefit both of them in the long run.

  • Tia Scott
    I'm glad that the president is in Africa not only delegating and addressing important issues there but also taking in the rich culture of the motherland. I feel that his ties to the motherland and his openness about it sets him apart from any other president we've ever had and shows that he's not just for America but for the world. Thank you for covering this!
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  • Emmanuel
    I think the host government has the total responsibility of leveraging on the international publicity surrounding this "historic" visit of President Obama. I have been following the visit and so far, it seems President Obama is having a nice time there. I heard Kenya has some great tourist attractions, I would have love to visit the country except the security reports are troubling.
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  • Anna Mary
    Great post,I have had a chance to watch president Obama landing in Kenya live on TV. Kenyans have really given the president a warm welcome, USA flags all over the streets of Kenya, I believe this will create a greater bond between Kenya and USA and the world at large . Lets hope also the security concerns will come to an end. Thanks for this update, liked it.
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    Jae Reload
    I thinks that its great that Obama is visiting kenya . Obama is over there for really good reasons and I think that's a good step for USA and kenya.
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  • Joseph
    Great points all around, Alvin. You touched on a bit of everything in this article. As you said, an appearance by The President gets the business community up on their feet. Suddenly they are paying attention to financial possibilities they may have been ignoring beforehand. Only positives can come from such a high-profile visit. Let's hope Kenya will experience an economic boon because of it. Time will tell.
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  • Isabelle Wojciechowski
    great to see that our president is finally visiting the country his father was born in. I think it is a fantastic step forward for kenyan- american relations and i think that this can really get some african businesses up and going and really expand the financial opportunities the average person and kenyan can get.
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  • Mark H
    interesting article, I knew very little about Kenyan/US relations until now. When the US can work out deals to import from any country, it helps them tremendously, they wouldn't be exporting as much without it. It will be interesting to see how Kenya can progress if their economy starts to climb. is Kenya county worth vacationing in?
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    Mitch
    Hey Alvin, thanks for sharing your expertise with our community today! It's definitely interesting to see more exports happening in Kenya. I wonder how this will impact the value of the currency in the long run.
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  • Bebe Mer
    I am looking forward to see how this panes out for the country economically. This seems very exciting and I am happy that you too are Kenyan. I feel that this visit along with many others that he and previous American presidents have attended throughout countries in Africa have usually brought economic influx to those regions which then increase their GDP, Health Index and a slew of other national improvements.
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  • Katie
    What an interesting article! I have been keeping up with Obama's international pit-stops over the years and thought that this trip to Kenya was very positive for both Kenya AND the USA. However, I never considered just how useful these visits were to countries in terms of trade relations, tourism, etc. Very insightful.
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    Michelle
    President Obama's visit I'm sure for him was a nice second homecoming. It's also a great way to highlight Kenya to bring in more tourists and show Kenya is a place to invest in as well. It's a definite win all around.
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  • Rubina Mushtaq
    Very interesting article. In my consideration this visit will be less a homecoming of Obama and more a visit from the head of the world's most powerful state. The impact of this visit will be known long after the event, after the hangover. Hopefully the world will want to trade with an invest in Kenya.
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  • Natasha Landon
    Your love for your heritage really comes through in this article, Alvin. President Obama’s trip to Kenya will have great implications for Kenyan citizens, its economy, and how the rest of the world views Kenya. Africa is a cultural playground of a continent, and the coverage Obama and investors bring will show the world what Kenya is like as a country. Beautification efforts like street lighting affects both investors and citizens alike, and the more investments into Kenya, the more advantages the citizens will see. As a beautiful country on the coast of the Indian Ocean, Kenya has a lot to offer tourists interested in sightseeing and anthropology among other highlights. I think this is a great start to a larger relationship between the US and Kenya--something that could mutually benefit both countries.
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  • Ranica Arrowsmith
    It's really great how our president is so tied to the culture of another country. It gives America the ability to look beyond it's isolationist attitude a little bit and observe that we exist in relation to a wealth of other nations and cultures in the world, and that they matter to us both in a humanitarian, social and cultural sense but also in an economic sense. opening up trade channels between US and Kenya will really boost their economy and currency, and perhaps could be the gateway to more economic relationships between US and Africa that are no exploitative but mutually beneficial.
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  • Sally
    You know what? The U.S. needs to start treating Africa like it's an equal and not an afterthought. It's good that Obama visited but where was Bush 1, Clinton and Bush 2? Why was Obama the first one? We live in a global village and everyone counts. Everyone. I realize an American president can't visit every country every year but they hop over to Europe like it's their next door neighbor. I hope investors (who care about the welfare of Kenya and not just about their bank accounts) do take interest in Kenya but as long as Kenya has those anti gay laws on the books they are cutting themselves off from a huge source of income and support.
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