U.S. President Barack Obama and Kenyan President Uhuru Kenyatta were some of the big names that attended this weekend’s Global Entrepreneurship Summit in Nairobi.
Kenyatta promised a crackdown on corruption and to remove obstacles that hinder growth of businesses, while the U.S. government through the Overseas Private Investment Corp., U.S. Agency for International Development and the State Department gave over $1 billion in commitments, exceeding the challenge Obama set out in last year’s GES.
The summit brought together businessmen, investors, and representatives of foundations and governments from around the world to garner support for fostering entrepreneurship.
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