Market News | KITE 2024

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

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    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.

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    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. . .

  • Manufacturing Industry Is Expected To Contribute To The Growth Of The GDP. By 2030

    Posted on :Wednesday , 26th April 2023

    By 2030, the manufacturing sector is anticipated to drive GDP growth. The growth domestic product (GDP) of Kenya is expected to increase by 15% by 2027 and 20% by 2030 as a result of the manufacturing sector.

     

    According to the finance ministry, the nation's economy will rise by 5.3% in 2022 and 6.3% in 2023.The Ministry of Investments, Trade, and Industry is taking the necessa. . .

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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