Market News
KITE 2022 gets coveted partnership endorsement from the Kenyan Government
The 23rd Kenya International Trade Exhibition, to be held from 9 - 11 June 2022, 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 2022 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's economy booms as Tanzania softens borders
Posted on :Monday , 9th May 2022
Tanzania's "softened" borders with Kenya, reduced non-tariff barriers and solutions to bilateral issues have resulted in the growth of businesses in both countries, a year after President Samia Suluhu took office.
Data from the Kenya National Bureau of Statistics Economic Survey 2022 shows that Tanzania's exports to Kenya doubled in just 10 months. Before President Sami. . .
Heifer Launches Africa's Digital Agriculture Champions Initiative
Posted on :Tuesday , 3rd May 2022
The Digital Agriculture Champions (DAC) initiative was launched by Heifer International, a nonprofit organisation dedicated to ending global hunger and poverty.
Starting in Kenya, the initiative will supply sustainable, cost-effective training modules for smallholder farmers across Africa. Heifer is investing in digital extension systems for training as a post-pandemic respon. . .
Minister for Africa visits to East Africa to strengthen economic ties
Posted on :Wednesday , 13th April 2022
- Minister Vicky Ford visited to Kenya, Uganda, and Ethiopia to strengthen trade, educational, and health relationships, as well as tackle issues like conflict and drought.
- Vicky Ford pledged £17 million in UK aid and one million COVID-19 vaccines to combat the region's drought.
- The Minister also announced fresh investments in East Africa a. . .
Kenya's Food Security will be improved with new Solar Technology
Posted on :Tuesday , 29th March 2022
Solar panels have been used to introduce a new technique aimed at increasing crop yield in Kenya.
After a year-long study partnership between the University of Sheffield, World Agroforestry, and Latia Agri-business Center, the agrivoltaics technology, which involves capturing energy from the sun twice through the use of solar panels, was inaugurated at Isinya, Kajiado County.. . .
Kenya, Africa's 3D printing powerhouse
Posted on :Tuesday , 29th March 2022
Kenya has long been regarded as an African innovation hotspot. In Kenya, there are a number of companies that make use of 3D printing, and the country has a strong entrepreneurial and innovative culture. This has made 3D printing a highly practical and appealing technology, and if there's one thing that drives it all, it's Kenya's desire to develop its own solutions. Kenyans enjoy coming . . .
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Expogroup
Expogroup is a full service exhibition organiser with over 26 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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