On August 8, 2014, United States of America President Barrack Obama convened unique Africa Heads of State and Governments forum in Washington DC to discuss trade, economy, security and governance. This is part of US strategy to systematically rebalance its foreign trade and security policy cognizance of new world dynamics. Kenya had strategic interest in this forum, because it opens many frontiers and potential for socially inclusive development. The strategic interest were on exploring and tapping the American markets and trade opportunities, and seeking support for strengthening security and governance. President Obama offered his deal: We do not simply want to extract minerals from the ground for our growth; we want to build genuine partnerships that create jobs and opportunity for all our peoples and that unleash the next era of African growth. That’s the kind of partnership America offers”.
Kenya and Africa role in global trade, governance and security remain extremely low. For it to play crucial role in global economy and governance influence, it has to fix several fronts. First, while accessing capital and implementing development programs is critical, addressing rule of law, regulatory reform and entrenching good governance are things that matter even more to create right environment for trade and investment.