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.
-
Egyptian investors interested in the Kenyan manufacturing sector
Posted on :Wednesday , 12th October 2022
According to a government official, the Egyptian business community is eager to invest in Kenya's manufacturing sector to help the east African country's industrialization agenda.
Egyptian Ambassador to Kenya Khaled el Abyad stated in Nairobi, Kenya's capital, that bilateral investment and trade partnerships must go beyond traditional agricultural products.
Innovation is at the core of Kenya's new plastics circularity plan.
Posted on :Tuesday , 4th October 2022
The Kenya Plastics Pact has presented the nation's new plan for creating a circular economy for plastics by 2030. The roadmap includes a number of important components, such as innovation and industry dialogue.
Kenya is implementing a coordinated action plan to hasten the growth of the circular economy for plastics. The Kenya Plastics Pact (KPP), which was established in Marc. . .
Kenya Plans to Become Manufacturing Base For US Companies
Posted on :Friday , 23rd September 2022
Kenya is looking to become a manufacturing hub for American companies that are to relocate or diversify out of China, the Business Daily newspaper reported.
Kenya has long sought a free trade agreement with the US. Initial discussions started in August 2018 and in July 2020, the 2 countries formally launched negotiations for a free trade agreement.
Industri. . .
Nairobi Ranked 5th in Africa’s Dollar Millionaires
Posted on :Friday , 23rd September 2022
Kenyan capital, Nairobi has been ranked 5th in terms of the number of dollar millionaires in Africa in a report by research firm New World Wealth and Henley & Partners.
The latest Henley Global Citizens Report, which tracks private wealth migration trends worldwide, shows Nairobi has 5,000 high net worth individuals (HNWI) with at least dollar 1 million.
<. . .
Kenya Announces Recyclable Plastics Roadmap for 2030
Posted on :Wednesday , 14th September 2022
By 2030, all plastic packaging in the nation is to be recyclable or reused, according to a roadmap released by the Kenya Plastics Pact.
The Roadmap has been signed and endorsed by more than 30 company members and supporters of the Kenya Plastics Pact, including people from every level of the supply chain for plastic packaging.
They consist of producers of plastic packaging. . .
Please Select an Option
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.
EXPOGROUP © 1996 - 2024 | Privacy policyFacebook
Links
