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, Africa's 3D printing powerhouse
Posted on :Tuesday , 29th March 2022
Kenya has long been regarded as an African innovation hotspot. In Kenya, there are a number of companies that make use of 3D printing, and the country has a strong entrepreneurial and innovative culture. This has made 3D printing a highly practical and appealing technology, and if there's one thing that drives it all, it's Kenya's desire to develop its own solutions. Kenyans enjoy coming . . .
East African countries in $8b investment plan
Posted on :Monday , 21st March 2022
East African states will jointly benefit from at least $8.77 billion worth of investments in transport, healthcare, energy, and agriculture among other sectors, from deals made at the 2021 African Investment Forum concluded on Thursday.
The three-day event was organised by the African Development Bank (AfDB) in partnership with other finance organisations including Africa Exp. . .
Investors from the U.S. want a bigger share of Kenya's market
Posted on :Wednesday , 9th March 2022
As key officials and corporate delegations arrive in Nairobi, US President Joe Biden's government and American corporations are set to announce new investments in Kenya in sectors such as energy, health, and agri-business.
According to a brief published by the US government before of the visit, US deputy assistant secretary of State Akunna Cook and Prosper Africa acting chief. . .
In Kenya, Rwanda and Nigeria, researchers developed innovative products out of old plastic water bottles.
Posted on :Wednesday , 2nd March 2022
Researchers from Loughborough University produced unique devices as part of an experiment aimed at lowering the impact of recyclable material in developing countries.
The Circular Plastics project, worth £150,000, intends to promote local African companies including farming, fishing, and building by converting throwaway bottles into valuable products.
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Rajsha Pharmaceuticals places a large bet on ayurvedic product export markets
Posted on :Saturday , 19th February 2022
Rajsha Pharmaceuticals, based in Ahmedabad, is looking for export opportunities in markets such as the United States, Canada, and the Commonwealth of Independent States.
The company currently has a 30% export share of its overall turnover of Rs 15 crore, which it wants to grow in the coming year.
Evergreen Liquid, Giloi Tablets, Vigor Capsules, Anu Oil, and. . .
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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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