From November 7 - 9, the Hub facilitated a National Instruments investor mission to Kenya by scheduling meetings with public and private sector institutions. National Instruments is a 40-year-old, publicly-listed U.S. technology firm with an annual revenue of $1.23 Billion. The firm came to Kenya to explore business opportunities and partnerships.
National Instruments is interested in setting up a manufacturing line in collaboration with local engineering companies; they are willing to provide training on the various technologies they offer. While in Kenya, the delegation from National Instruments discussed potential investment with representatives from Kenya Investment Authority, Special Economic Zones, Communications Authority of Kenya, Konza Technopolis Development Authority, Kenya Association of Manufacturers, PricewaterhouseCoopers and the U.S. Foreign Commercial Service.
The investor mission is in line with the Hub’s work of attracting and accelerating U.S.-East African Community (EAC) investment and technology adoption. The Hub has a goal of facilitating $100 Million in investments and creating 10,000 jobs by 2019.
To hear first hand why National Instruments is looking to Kenya and the larger East Africa region for investment, watch our video: