Market News
KITE 2021 gets coveted partnership endorsement from the Kenyan Government
The 23rd Kenya International Trade Exhibition, to be held from 18 - 20 November 2021, 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 23rd KITE 2021 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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Kenya courting investors from the United Arab Emirates to take advantage of the country's varied investment prospects.
Posted on :Tuesday , 13th July 2021
Industrialization Principal Secretary Peter Kaberia advised businesses to use the Export Processing and Special Economic Zones in Lamu, Mombasa, Naivasha, and Nairobi to grow their operations in Africa during a virtual Kenya-UAE business conference.
Kenyan imports from the UAE were estimated to be worth 18 billion shillings in 2020, while Kenyan exports to the UAE were estima. . .
Kenya Based Medical Firm Exports Medical Supplies to Tanzania
Posted on :Wednesday , 7th July 2021
A medical equipment manufacturing business headquartered in Kilifi has secured a contract to deliver medical equipment to Tanzania.
Tanzania has bought 11 million Covid-19 vaccination syringes from Revital Healthcare EPZ Ltd, which has ordered the 2ml, 5ml, and 10ml vaccine syringes.
This comes on the heels of Kenya and Tanzania's improved relationship sinc. . .
KALRO and the EU financed MARKUP in Kenya with the promotion of new agricultural technologies
Posted on :Thursday , 1st July 2021
In order to improve quality and safety standards on export markets, the Kenya Livestock Research Organization (KALRO) and the European Union (EU) financed the Market Access Upgrade Programme (MARKUP) have launched a new agriculture technology to reproduce macadamia and passion fruit-free, high-induction crop crop material.
A phytologist at the KALRO Center for Macadamia, Anto. . .
New guidelines for the production of packaging paper published by KEBS
Posted on :Wednesday , 30th June 2021
The Kenya Bureau of Standards (KEBS) has accepted new guidelines for Kraft paper production.
The guidelines detail the sample and testing criteria for Kraft paper used in the packaging of fatty, oily foods as well as dry foods like sugar and flour, as well as bread bags, shopping bags, wrappings, and laminates.
“Kraft paper is suggested f. . .
India, Kenya To Explore Closer Maritime Security, Diversify Trade And Investment
Posted on :Thursday , 24th June 2021
India and Kenya will explore closer security cooperation, especially in the maritime domain, diversify 2 way trade and set up joint ventures as part of a comprehensive partnership.
The agreement was reached following extensive talks External Affairs Minister S Jaishankar had during his 12-14 June visit to the East African country.
The visit was significant . . .
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Expogroup
Expogroup is a full service exhibition organiser with over 23 years experience in International trade exhibitions. Our current portfolio includes 27 annual exhibitions from a diverse range of industries being held across the Middle East & Africa.
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