Woodworking is a crucial sector for Kenya's economic development

Posted on :Wednesday , 7th June 2023

Woodworking industry in Kenya is a vital sector that contributes to the country's economic development and social welfare. Woodworking involves the processing of wood and wood products into various forms of furniture, construction materials, handicrafts, and other items.

The industry in Kenya has witnessed remarkable growth and development over the years. With a rich history . . .

Upgrading the Kenya-Taiwan Economic Relationship

Posted on :Thursday , 27th April 2023

We are excited to discuss the most recent developments in the trade and investment sectors. Mr. Richard Ngatia, President of the Chamber, met with His Excellency Ambassador Chenhwa Lou, Taiwan Representative in the Republic of Somaliland, also connected with Kenya, to discuss trade and investment potential.

During the meeting, the Chamber President emphasized the need to incr. . .

Among the top trade-friendly nations in Africa is Kenya

Posted on :Monday , 27th February 2023

According to a ranking released by the Spanish consulting company Bloom Consulting, Kenya is the seventh most appealing African nation for trade.

From the 12th position in the previous assessment, where it was ranked behind Nigeria, South Africa, Ghana, Morocco, Egypt, and Ethiopia, Kenya rose five spots in the most recent rankings. Additionally, the report noted that Ken. . .

Komaza raises 28 million USD in Series B funding to address Africa's 30 billion USD wood deficit while restoring degraded lands

Posted on :Tuesday , 2nd August 2022

Komaza, a tech-enabled, sustainable forestry company that is reshaping the African wood market through its ground-breaking smallholder platform, has closed the first round of its anticipated 33 million USD Series B equity funding, amounting to 28 million USD. This fundraising round was co-led by Novastar LPs AXA Investment Managers and the Dutch development bank FMO, with additional participati. . .

Kenyan Community Projects that Save Forests and Livelihoods

Posted on :Thursday , 28th April 2022

More than 63 percent of people in Africa, according to the Center for International Forestry Research (CIFOR), have no alternative to wood and rely on it as their major energy source. In Africa, almost 90% of the wood harvested is utilised for fuel.

Because cleaner alternatives or sustainable fuels remain out of reach, the International Energy Agency's regional energy forecas. . .