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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Kenya and the Netherlands improving access to healthcare through bolstering health systems
Posted on :Tuesday , 27th December 2022
14 Dutch companies are travelling to Kenya to increase private sector Dutch involvement in Kenyan healthcare. to interview decision-makers, businesses, and academic institutions in order to thoroughly research Kenya's healthcare system. Additionally, by going to different hospitals and other medical facilities in Nairobi and Kisumu. The tour will assist these companies in locating market prospe. . .
Ghana, Kenya Bolster Historic Ties
Posted on :Friday , 23rd December 2022
Ghana will continue to build up its economic corporation with Kenya by harnessing the potential of intra-Af¬rican trade, the Deputy Minister for Tourism, Arts and Culture, Mr Mark Okraku Mantey has said.
“The African Continental Free Trade Area AfCFTA headquartered in Accra, provides yet another incen¬tive to build up economic corpo&Ac. . .
UK Govt Gives Euro 900k to IT Company for Africa Expansion
Posted on :Friday , 23rd December 2022
UK Export Finance has provided £900,000 of support to Atlancis, a Kenyan cloud services company, enabling it to build a new relationship with UK exporter Vespertec to open growth opportunities in Africa.
A Standard Buyer Loan Guarantee was offered by UK Export Finance to guarantee an export credit loan from Apple Bank, supported by its UK servicer and arranger of. . .
Nairobi Will House The African Headquarters Of Nexgen Packaging
Posted on :Tuesday , 20th December 2022
NEXGEN Packaging, a US-based packaging company has started building its African headquarters in Nairobi, Kenya.
The investment, which is situated in the Export Processing Zone on the Athi River, will support the business' operations in Ethiopia, Egypt and West Africa.
Kenya will serve as the company's main industrial hub in Africa.
Manuel Torres, managing director . . .
Kenya-US Trade Deal, GMOS To Top Ruto Agenda At DC Summit
Posted on :Tuesday , 20th December 2022
The destiny of a proposed streamlined commerce settlement among Kenya and the US is supposed to highlight noticeably when President William Ruto meets his American partner Joe Biden as an afterthought lines of the US-Africa Pioneers Culmination in Washington.
President Ruto was because of fly out subsequent to driving the country for Jamhuri Day festivities at the Nyayo Publi. . .
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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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