Kenya to host African Sacco’s Summit in August

The Sacco and Cooperatives summit for Africa 2012 is set to open on August 14^th 2012. The summit under this year’s theme ‘Alternative Financing’ will bring together top management from cooperatives including Alternative Financiers from both the Local and International scene. The summit is also expected to address issues on Sacco’s conformity to SASRA regulation whose deadline is 2014.

As of 2011, the Saccos had mobilized savings of Ksh 230 billion in the country and had an asset base in excess Ksh 250 billion. The event will be held at the Kenyatta International Conference Centre (KICC). For more details, visit The First Summit for African Saccos and Cooperatives (SASCO).