CAK, IFC to collaborate on telecoms market
The Communications Authority of Kenya (CA) has signed a Memorandum of Understanding (MOU) with the International Finance Corporation (IFC) that will strengthen the Authority’s regulatory capabilities especially in promoting market competition and efficient investment in the telecommunications sector.
CA and IFC intend to cooperate in promoting market competition and efficient investment in Kenya’s communications sector through developing a collaboration framework in light of the concurrent jurisdiction over competition matters between CA and the Competition Authority of Kenya (CAK), developing a pro-competition framework for spectrum management in Kenya to increase economic efficiency in spectrum usage, ensure a level playing field for investors and facilitate the expansion of wireless communications and supporting capacity building on competition policy and regulation in the communications sector.
Speaking during the signing of the agreement at the CA Centre on Friday, CA Director General Francis Wangusi said the partnership is essential in enhancing CA’s execution of its mandate. ‘I’m very happy for the cooperation, it will go a long way in supporting regulatory work,’’ said Mr. Wangusi.
The agreement, also signed by IFC’s regional representative for East Africa Manuel Moses, is part of IFC’s Kenya Regulatory Reform Programme that provides advisory services to help strengthen the development of the private sector in Kenya.
In the agreement, IFC will provide technical support on strengthening collaboration between CA and CAK to safeguard and encourage effective competition in the telecommunications sector, including the development of a cooperation agreement or memorandum of understanding between CA and CAK, concurrency regulations and a common action plan, based on international practices and the Kenya legal framework.