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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Over The Next Five Years, Coca-Cola Plans To Invest Up To $175 Million In Kenya
Posted on :Monday , 3rd June 2024
The Coca-Cola Company and its authorized bottler Coca-Cola Beverages Africa make up the Coca-Cola system in Kenya, and they have announced a new $175 million investment.
Over the next five years, the system plans to invest up to $175 million in Kenya; the exact amount will depend on whether the company meets its projected growth targets in the nation.
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Kenya Is Recognized As A Leader In Africa's Digital Transformation By Commerce Secretary Raimondo
Posted on :Friday , 17th May 2024
President's Advisory Council on Doing Business in Africa (PAC-DBIA) members were recently led by U.S. Secretary of Commerce Gina Raimondo to Nairobi, where she announced a number of business agreements with American companies as well as a historic partnership with Kenya to support digital upskilling, enable data flows and utilise artificial intelligence. The agreement, which is the first of its. . .
Strategic Investment From Private Equity Fund Ascent Secured By Dune Packaging.
Posted on :Wednesday , 8th May 2024
East African packaging solutions company Dune Packaging Ltd. has announced a collaboration with Ascent Rift Valley Fund II ("Ascent"), the region's SME-focused private equity fund.
Ascent wants to help Dune Packaging innovate, grow into new markets and strengthen its environmental, social and governance (ESG) credentials as part of the deal.
CEO of Dune Pac. . .
To Increase The Availability Of Clean Cookstoves In Africa, BURN Manufacturing Has Raised $12 Million.
Posted on :Wednesday , 8th May 2024
Kenya-based BURN Manufacturing, a well-known manufacturer of clean cookstoves, has received more than $12 million in capital, primarily to expand the reach of its clean cooking products across the African continent.
This grant is the outcome of Key Carbon Ltd.'s successful follow-on carbon project investment programme. Key Carbon Ltd., formerly known as CNR "Carbon Neutral Ro. . .
Medexpo Kenya is back in Nairobi at Sarit Expo Center
Posted on :Friday , 12th April 2024
"The 24th MEDEXPO KENYA 2024" will be in Nairobi this month from the 17 - 19 April 2024 at the Sarit Expo Center in Nairobi. The premier trade exhibition will be inaugurated by Hon. Juma Mukhwana, the Principal Secretary, for the State Department of Industry, Ministry of Investments, Trade, and Industry at 11 AM East Africa Time. The opening ceremony will be attended by Ambassadors. . .
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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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