https://en.sputniknews.africa/20241210/kenya-places-39-million-bid-to-host-grammy-awards-1069636653.html
Kenya Places $3.9 Mln Bid to Host Grammy Awards
Kenya Places $3.9 Mln Bid to Host Grammy Awards
Sputnik Africa
The Hustler Fund, officially referred to as The Financial Inclusion Fund, is a loan initiative managed by the Kenyan government that offers immediate loans to... 10.12.2024, Sputnik Africa
2024-12-10T11:04+0100
2024-12-10T11:04+0100
2024-12-10T15:16+0100
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william ruto
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President William Ruto announced on Monday that Kenya has officially placed a bid to host the Grammy Awards, with a payment of Ksh. 500 million (about $3.9 million) already made to support the initiative.Speaking at a town hall meeting at the Kenyatta International Convention Centre to mark the Hustler Fund's second anniversary, President Ruto highlighted his administration's commitment to developing the country’s creative industry and establishing Kenya as a global entertainment hub.The bid is part of a broader collaboration with Grammy Global Ventures, which aims to strengthen Kenya’s role in the international creative industry. Kenya was selected in April as one of four countries to participate in this initiative. President Ruto also outlined plans to incorporate performing arts into education, develop specialized training curricula for arts educators, and expand programs like the Department of Creative Economy and Talanta Hela to nurture and monetize local talent.Dennis Itumbi, Head of Presidential Special Projects and Creative Economy, revealed that his office had instructed the state department to facilitate payment for hosting the African Grammy Awards headquarters.Itumbi also disclosed Kenya's bid to host the World Creative Economy Conference in 2027, which, if successful, would make Kenya the first African nation to host the prestigious event.The Grammy Awards are annual music awards presented by the Recording Academy to recognize outstanding achievement in the music industry. They are one of the most prestigious awards in the music world, honoring artists across various genres and categories.Africa's participation in the Grammy Awards has been growing over the years, with several African artists and music professionals being recognized. Artists like Ladysmith Black Mambazo, Angelique Kidjo, and Burna Boy have won Grammy Awards, showcasing the continent's rich musical heritage and global influence.
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william ruto, kenya, east africa, grammy awards, united states (us), africa, burna boy, music, award, investment, entertainment
Kenya Places $3.9 Mln Bid to Host Grammy Awards
11:04 10.12.2024 (Updated: 15:16 10.12.2024) Christina Glazkova
Writer / Editor
The Hustler Fund, officially referred to as The Financial Inclusion Fund, is a loan initiative managed by the Kenyan government that offers immediate loans to citizens upon application. This program was introduced by President William Ruto towards the end of 2022, aiming to distribute a minimum of $420 million in loans.
President William Ruto
announced on Monday that Kenya has officially placed a bid to host the Grammy Awards, with a payment of Ksh. 500 million (about $3.9 million) already made to support the initiative.
Speaking at a town hall meeting at the Kenyatta International Convention Centre to mark the Hustler Fund's second anniversary,
President Ruto highlighted his administration's commitment to developing the country’s creative industry and establishing Kenya as a global entertainment hub.
"This is not something we are planning to do; it’s already done," President Ruto said, confirming the payment. "I’m confident that the gentleman here from the Grammys can confirm that we’re on the right track to securing Kenya’s position in this exciting initiative."
The bid is part of a broader collaboration with
Grammy Global Ventures, which aims to strengthen Kenya’s role in the international creative industry. Kenya was selected in April as one of four countries to participate in this initiative. President Ruto also outlined plans to incorporate performing arts into education, develop specialized training curricula for arts educators, and expand programs like the Department of Creative Economy and Talanta Hela to nurture and monetize local talent.
Dennis Itumbi, Head of Presidential Special Projects and Creative Economy, revealed that his office had instructed the state department to facilitate payment for hosting the African Grammy Awards headquarters.
"The president visited the US, where he interacted with key players in the creative economy, including Hollywood stars at Tyler Perry Studios," he said. "One of the outcomes of those engagements is a focused effort to grow Kenya’s creative economy and establish Kenya as a hub for global entertainment events."
Itumbi also disclosed Kenya's bid to host the World Creative Economy Conference in 2027, which, if successful, would make Kenya the first African nation to host the prestigious event.
"This would unlock tremendous opportunities for our creative economy and further position Kenya as a leader in this space," he added.
The Grammy Awards are annual music awards presented by the Recording Academy to recognize outstanding achievement in the music industry. They are one of the most prestigious awards in the music world, honoring artists across various genres and categories.
Africa's participation in the Grammy Awards has been growing over the years, with several African artists and music professionals being recognized. Artists like Ladysmith Black Mambazo, Angelique Kidjo, and Burna Boy have won Grammy Awards, showcasing the continent's rich musical heritage and global influence.
