And, speaking while addressing a Kenya-Mozambique business forum at the Villa Rosa Kempinski Hotel in Nairobi, the two leaders challenged the private sector to exploit the huge trade potential that exists between the two countries.
President Kenyatta decried the slow pace of growth in trade between the two nations in spite of the large market and numerous investment opportunities.
In 2017, Kenya's imports from Mozambique were worth$31 million while exports were valued at $12 million.
He said the two nations have so far largely traded in manufactured goods, an encouraging sign that Africa’s industrial sector is picking up.
“Kenya and Mozambique are similar because they both work with the private sector,” said President Kenyatta as he encouraged the business community to take advantage of the bilateral agreements and favourable trade policies in the two countries.
Earlier on Wednesday, the two presidents