Kenya hopes to adopt global best practices during the upcoming annual savings and credit co-operatives conference, according to KBC.
The meeting is scheduled to start in a week’s time. Cooperatives and Micro, Small and Medium Enterprises Cabinet Secretary, Wycliffe Oparanya, stated that the 24th SACCA conference would also aim to address how to tackle poverty, inequality, unemployment and climate change.
This involvement underscores the government’s commitment to advancing the cooperative movement in Kenya, Africa and globally. The event brings together stakeholders from across Africa and beyond to discuss emerging business trends, challenges, opportunities and strategise on cooperative growth and development.
Oparanya stated that the conference would also be a great opportunity for Kenyans to showcase their saccos model, share best practices and hold discussions on how saccos could drive socio-economic transformation.
We are placing special emphasis on the formation of workers service cooperatives with the aim of creating sustainable employment of our youth.
The event will be attended by over 12 ministers from Africa, 15 global regulators and over 2,000 participants from 40 countries, making it the most significant gathering for financial co-operatives in Africa. George Mategwa, Chairman Kenya Police Sacco DT, said:
This conference is going to provide us with an opportunity to interact and network with the best in the world in terms of leadership in credit union. I would like cooperative leaders to take this advantage and register for the conference.
