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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Expanding Manufacturing in Kenya
Posted on :Monday , 9th December 2024
Kenya has a masterful industrial policy that is comparable to the greatest of them. The program aims to promote labor-intensive light industries where the nation has a competitive advantage, import substitution, export-led growth, including export processing zones (EPZs), and more.
It aims to increase manufacturing's share of the GDP to 15% and establish "Made in Kenya" as a worldwide br. . .
Afreximbank Collaborates With Med Aditus to Increase Local Pharmaceutical Production of Vital Medicines in Kenya
Posted on :Wednesday , 4th December 2024
African Export-Import Bank (Afreximbank) and Kenya-based Med Aditus Pharmaceutical Kenya Limited (Med Aditus) have signed a heads-of-terms agreement for a project preparation facility on the sidelines of the fourth African Sub-Sovereign Governments Network (AfSNET) Conference in Kisumu, Kenya. The project preparation facility will be used to help fund feasibility studies for the establishment o. . .
Healthcare Giant Expands into Kenyan Market with Popular Personal Hygiene Brands
Posted on :Monday , 11th November 2024
Shalina Healthcare is now targeting the Kenyan consumer market by introducing international brands.
The company is counting on the opening of its consumer segment to launch brands like Germol, a personal hygiene care company that has improved the lives of millions of people in Sub-Saharan Africa, according to Vikas Khandelwal, vice president and business head for East Africa.
Acco. . .
M-Pesa Foundation and Zuri Health Roll Out Nationwide Cancer Screening Camps in Kenya
Posted on :Monday , 11th November 2024
In celebration of Breast Cancer Awareness Month, the M-Pesa Foundation and Zuri Health will hold four specialized medical camps with an emphasis on screening for and offering treatment for breast, prostate, cervical, and colon cancer.
KES 36 million has been allocated to these camps by the M-Pesa Foundation. Future camps will take place in Taita Taveta, Homa Bay, and Murang'a Counties. T. . .
From China to America, International Investments Are Transforming Kenya’s Food Packaging Industry
Posted on :Monday , 7th October 2024
Kenya’s food packaging industry is experiencing a vibrant transformation, attracting investments from various countries eager to tap into the region's potential. With a strategic geographical location, a burgeoning population, and an expanding middle class, Kenya presents a unique opportunity for foreign investors looking to enhance food safety and sustainability.
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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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