Market News

The Industrial Parks Development Corporation of Ethiopia (IPDC) has recently entered into a Memorandum of Understanding (MoU) with Aniy Furniture PLC, a Chinese firm known for its expertise in modern office furniture manufacturing. Under this agreement, Aniy Furniture will establish a production fac . . .

China and India are increasingly targeting Kenya's Blue Gum tree plantations, sparking a rise in timber processing plants producing veneers. These operations are expanding rapidly post-pandemic. According to The Nation, Africa's largest independent media outlet, Chinese and Indian nationals are comp . . .

Tatu Woodworks, a custom business that specialises in joinery services that meet European standards, has started operating at Tatu City, a 5,000-acre mixed-use Special Economic Zone (SEZ) close to Nairobi. The company will provide turnkey solutions for homeowners, developers, architects, and interio . . .

When environmental services are taken out, the forest sector accounts for 3.6% of Kenya's GDP1, which is a significant contribution to the country's socioeconomic development. The industry provides non-timber forest goods and services, such as wood fuel, to both urban and rural populations. At the m . . .

By targeting 27 key counties, the Nairobi City County government's aggregation and industrial parks initiative will soon establish the nation's first wood furniture business. Opportunities for County Executive, Business, and Hustler According to Maureen Njeri, Nairobi City County was one of the . . .