Market News
KITE 2024 gets coveted partnership endorsement from the Kenyan Government
The 25th Kenya International Trade Exhibition, to be held from 20 - 22 November 2024, has received the official endorsement of the Ministry of Industrialization, Trade and Enterprise Development, Government of Kenya. The endorsement was conveyed via a letter presented by Hon. Dr. F. O. Owino, Principal Secretary to Expogroup.
The exhibition has grown in stature from its inception 22 years ago, as the key networking and sourcing platform for the industries. As the largest event of its kind, it ensures direct access to over 150 exhibitors from 30 countries and more than 12,000 trade visitors.
Through the partnership with Expogroup for the 25th KITE 2024 the Ministry of Industrialization, Trade and Enterprise Development with the help of its premier agency Kenya Investment Authority aims to further its mandate to attract local and foreign investors, create business linkages, and expand the local and foreign market for goods and services.
Kenya is the largest and the most advanced economy in East and Central Africa; with strong growth prospects supported by an emerging, urban middle class and an increasing appetite for high-value goods and services.
Kenya is open for business to well-positioned companies with strategic objectives of tapping into the growing potential of emerging markets in East and Central Africa.The country is a dominant economy in the East Africa Community, contributing to more than 50% of the region’s GDP.Global Brands have already made it Kenya their regional HQ's due to the attractive opportunities and appealing location. Major global brands have already invested in Kenya as part of their strategies to access the wider regional markets and opportunities.
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Increased Avocado Yields Present Karakuta In Kenya With Additional Opportunities
Posted on :Friday , 29th March 2024
Karakuta, a Kenyan avocado grower, is increasing the amount of Hass it produces by expanding into Tanzania and making additional investments in clonal technology.
One of Kenya's fastest-growing agribusinesses, Karakuta is based in Juja, Kiambu County, 45 minutes from Nairobi, the country's capital. It specializes in Hass avocados and fresh herbs. 15,000 well-watered avocado t. . .
Italian Businesses Want A Slice Of Kenya's $14 Billion Wine Market.
Posted on :Friday , 29th March 2024
Industry stakeholders in Kenya claim that new trends are being driven by the country's expanding, well-informed wine market.
Over the past few years, Kenya's wine culture has grown rapidly, drawing in a constant stream of inquisitive and discriminating wine enthusiasts.
Italian wineries have recently expressed interest in the area, hoping to popularise and . . .
Kenya: A Nation Rich In Packaging Opportunities
Posted on :Monday , 11th March 2024
The industry is expected to increase at a compound annual growth rate (CAGR) of roughly 4.8 percent between 2021 and 2026, indicating that it will adapt to changing market conditions. Although it is still difficult to obtain national figures, there is a wealth of information about important areas of Kenya's packaging sector, such as market trends, new prospects and successful business plans. &n. . .
In Order To Accelerate Digital Transformation In Africa, Ericsson And MTN Group Have Extended Their BSS Modernization Agreement.
Posted on :Tuesday , 5th March 2024
Using Ericsson Charging and Ericsson Mediation, together with Ericsson Dynamic Activation, MTN Group is developing and investigating new and inventive capabilities, including 5G and IoT use cases.
The collaboration paves the way for MTN Group's sustained success and expansion as it pursues its Ambition 2025 vision and moves closer to being a cloud-native organization.<. . .
IVI Establishes a New Country and Project Office in Kenya to Guarantee Sustainable Vaccine Manufacturing in Africa
Posted on :Monday , 4th March 2024
The International Vaccine Institute (IVI), a global organization whose goal is to find, create and distribute safe, efficient and reasonably priced vaccines for global health, announced today that it will establish a Country and Project Office in Kenya to oversee the Advancing Vaccine End-to-End Capabilities (AVEC) initiative in Africa and other joint ventures in the areas of vaccine . . .
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Expogroup
Expogroup is a full service exhibition organiser with over 28 Years experience in International trade exhibitions. Our current portfolio includes 28 annual exhibitions from a diverse range of industries being held across the Middle East & Africa.
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