Kenya to host world's richest man

He will be in the country to meet and share ideas with young Kenyan entrepreneurs

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Kenya is set to host one of the world’s wealthiest individuals in the country next month.

Jacky Ma, the founder and chief executive of the world’s largest retailer Alibaba Group, will make a stop-over in Nairobi on July 19 to meet young entrepreneurs.

Ma, who is Asia’s richest man and 14 worldwide, will meet young entrepreneurs, share ideas, experiences and explore opportunities to participate in global trade.

The multi-billionaire techpreneuer, who also serves as a UNCTAD special adviser on youth entrepreneurship and small business, will be on his way to a two-day YouthConnekt Africa Summit in Kigali, Rwanda – his first visit to Africa.

Ma said that he seeks to create a generation of empowered youth and offer room to long-term sustainable development.

“I have spent my career working with entrepreneurs and know the positive social and economic impact when people are given the opportunity to participate in the global economy. It is an honor for me to be in Africa, finally,” said the 52 year old.

UNCTAD Secretary General MukhisaKituyi expressed his delight in hosting the influential and respected pioneer of the Internet era.

“He brings to the continent a visionary approach to entrepreneurship, a thirst for learning, and a belief in a better world for young people,” said Kituyi.

The YouthConnekt Africa Summit aims at focusing on youth entrepreneurship and to explore and exploit opportunities in the continent.

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