Hotels in Kenya major beneficiary of TICAD summit

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Hotels in Kenya were among top beneficiaries of the just concluded Tokyo International Conference on African Development, a boost to the hospitality sector that has in recent years endured hard times following travel bans and terror threat.

Several Hotels in Kenya were full to capacity a week before the conference kicked off.

Hotels in Kenya that reported booming business include Intercontinental Hotel, Golden Tulip, Radisson Blu, Sankara, Villa Rosa Kempinski, Serena, Nairobi Safari Club, Fairview, Hilton, Laico Regency, Sarova Panafric and Sarova Stanley.

Over 10,000 delegates from Africa and Japan visited Kenya for the two-day conference, which drew 35 African heads of state.

Kenya had projected that about Sh12 billion would be pumped into the economy as a result of Ticad.The summit that was held at Kenyatta International Convention Centre was the first out of Japan capital Tokyo.

Japanese Prime Minister Shinzo Abe who also attended the Ticad summit with his delegation told African leaders that his country will commit $30 billion in public and private support for infrastructure development, education and healthcare expansion in the continent.

Toshiba Corporation is among exhibitors participating in the Japan Fair at Tokyo International Conference on African Development (TICAD) VI, the Tokyo International Conference on African Development 2016 that was held on August 27 and 28 at the Kenyatta International Convention Center.

Exhibiting at the Japan fair, Toshiba Corporation showcased its ability to provide total energy solutions that Make Energy, Transmit and Store Energy. The corporation also realize the “Smart Use of Energy”. Additionally the corporation  demonstrated its ideal position to support growing demand for power in Africa with world-class geothermal power generation equipment and high efficiency energy transmission and distribution (T&D) technologies.

In 2015, Toshiba Transmission & Distribution Systems (India) Pvt. Ltd. (TTDI), an Indian subsidiary of Toshiba, won a contract to supply Kenya Power & Lighting Company (KPLC) with approximately 4,000 transmission and distribution (T&D) transformers for the substation network that connects power plants to end-consumers in Nairobi and the surrounding region.