NAIROBI, Kenya Feb 6- CPF Financial Services Limited (CPF FS) and the Kenya National Chamber of Commerce and Industry (KNCCI) have entered into a Memorandum of Understanding (MoU) marking a significant step towards fostering economic growth and prosperity in Kenya.
The signing ceremony took place Monday at CPF Financial Services Limited Offices in Nairobi, Kenya, with Dr. Erick Rutto, President of KNCCI, and CPA, FA Joseph Rono, Group Executive Director, ACSI, representing CPF FS.
Officials said the primary objective of this MoU is to establish a collaborative framework between CPF FS and KNCCI.
It aims to co-develop solutions for KNCCI’s members and explore various products within CPF Group’s portfolio. This strategic collaboration will leverage the strengths and resources of both organizations to create a conducive business environment and drive economic growth in Kenya.
It will enhance cooperation in areas such as financial planning, real estate planning, investment/fund management, and pension solutions.
The partnership will also help contributing to the growth and prosperity of Kenyan businesses by fostering an enabling environment for entrepreneurship and investment, aligning with KNCCI’s mission.
Chams Media, a recognized communications entity, also acknowledges the significance of this partnership.
Its founder Alex Chamwanda said their involvement will enhance communication, visibility, and engagement within the collaboration, particularly in the context of Diaspora Investment.
Chams Media will play a pivotal role in connecting CPF FS, KNCCI, and the diaspora community to further investment, economic growth, and prosperity in Kenya.
This collaboration aims to create a favourable business climate and promote economic development across Kenya. CPF Financial Services currently operates in eight counties: Nairobi, Mombasa, Kilifi, Uasin Gishu, Meru, Nakuru, Garissa, Nyeri, and Bungoma.
Expansion plans are being considered to extend their product offerings to these regions. Furthermore, CPF Financial Services and KNCCI are proud to be partnering as Gold Members, reinforcing their commitment to this collaborative initiative.
This MoU signals a promising partnership that holds the potential to enhance the economic landscape of Kenya and uplift businesses in the region. The combined expertise and resources of CPF FS, KNCCI, and Chams Media are expected to drive positive change, encourage investment, and propel economic growth in Kenya.
