Last Updated 9 years ago by Kenya Engineer
Kenya has signed a joint East African-German university of applied sciences to be set up in Thika. They also agreed on a joint initiative to enhance technical and vocational training in Kenya.
This is in efforts to provide technical and blue-collar competence to service German firms who seek to increase their influence in the region. The agreement was signed during the German-African Business Summit held in Nairobi. The KES3 billion agreement will offer undergraduate, masters and vocational-oriented academic training in close co-operation with industry players.
German firms are keen to invest in machinery, technology and skill development as they look to compete in the manufacturing industry currently dominated by the Chinese. The sector’s contribution to the economy has stagnated at about 10 per cent for years.
Kenya was the first African country to host the German African Business Summit (GABS) in Nairobi from February 8-10, 2017. The first summit was held in Berlin, Germany in 2015. This year’s event drew more than 400 high profile businessmen and policy makers from Germany.
Last year, five major German firms launched operations in Kenya, including automaker Volkswagen, which reopened its assembly plant in Thika. Daimler AG opened Africa’s first Daimler Trucks and Buses regional sales and service centre in Nairobi to service 41 countries.
Data from Kenya National Bureau of Statistics indicated that the value of imports from Germany to Kenya dropped to Sh47.3 billion in 2015, from Sh47.4 in 2014 while exports to Germany were valued at Sh12.5 billion, an increase from Sh10.8 billion in 2014.
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