Market News | KITE 2023

Market News

KITE 2023 gets coveted partnership endorsement from the Kenyan Government

The 24th Kenya International Trade Exhibition, to be held from 5 - 7 July 2023, 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 24th KITE 2023 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.

  • Kenya Praises the Third Industrial Development Decade for Africa's Implementation

    Posted on :Friday , 19th May 2023

    The 39th meeting of United Nations Industrial Development Organization (UNIDO) and Financial plan Board in Viena, Australia, Head Secretary in the State Division for Industry Dr. Juma Mukhwana who drove the Kenyan designation, unveiled that in 2022, in excess of 250 ventures, with a complete worth of US$63.3 million, barring between provincial and worldwide portfolios, were under execution in A. . .

  • Kenya Takes Steps to Re-establish Its Local Textile Industry

    Posted on :Friday , 19th May 2023

    Kenya as of late said ranchers will get free synthetic compounds and preparing to guarantee most extreme yield and the public authority is supposed to give an adequate number of unrefined components to the material business.

     

    The state division for industrialization, the service of agribusiness and the Crack Valley Material East Africa Ltd (RIVATEX) will team up on the venture. . .

  • New Packaging Standards Have Been Introduced by E-commerce Startup Jumia Kenya.

    Posted on :Thursday , 4th May 2023

    Jumia Kenya, an online retailer, has stated that customers would now receive their online products in the manufacturer's original packaging without any additional wrapping from Jumia.

    This is in line with the business' most recent statement, which supports its ESG strategy focused at ecologically actions in the nations where it conducts business.

    Instead of additional Jumia-branded . . .

  • The Kenyan Government and Moderna (Mrna) Have Finalised Their Agreement to Establish an MRNA Manufacturing Facility

    Posted on :Friday , 28th April 2023

     

    A facility to provide Kenya and the African continent with access to manufactured mRNA vaccines, ensuring health security and advancing Moderna's commitments to global public health. Up to 500 million doses can be produced annually at the facility.

     

    An agreement to establish an mRNA manufacturing facility in the Republic of Kenya has been finalised by Moderna, Inc. . .

  • KAM CEO Antony Mwangi's Assessment of the 20by30 Agenda

    Posted on :Wednesday , 26th April 2023

    The William Ruto organization has set an objective for the assembling area's commitment to the GDP — a proportion of public financial result — to significantly increase from 7.2 percent in 2021 to 20 percent in 2030.

     

    The drive named Kenya Assembling 20by30 targets expanding "on valuable open doors accessible to spike neighborhood industry. . .

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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