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 Japan sign Memorandum of Cooperation to improve public health systems
Posted on :Tuesday , 11th January 2022
Under the Africa Health and Wellbeing Initiative, Horie Ryoichi, Ambassador of Japan to Kenya, and Hon. Mutahi Kagwe, Cabinet Secretary for Health, Ministry of Health of Kenya, signed a Memorandum of Cooperation (MoC) between the Office of Healthcare Policy, the Cabinet Secretariat of Japan, the Ministry of Health, Labour and Welfare of Japan, and the Ministry of Health of the Republic of Kenya. . .
Square Pharma will begin manufacturing drugs in Kenya
Posted on :Tuesday , 11th January 2022
Square Pharmaceuticals Ltd will be the first Bangladeshi business to manufacture medicines in overseas, once it begins production in Kenya in January 2022.
The trial period began in December 2021.
According to the company's financial statements, the project's construction began in 2019 and was initially scheduled to be completed in early 2021.
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China grants Kenya Sh51 bn, signs six agreements to boost bilateral ties
Posted on :Monday , 10th January 2022
Kenya and China have signed six important bilateral agreements aimed at strengthening their ties.
The agreements were signed by Chinese Foreign Minister Wang Yi and Kenya's Foreign Affairs Cabinet Secretary Raychelle Omamo, who is on a two-day formal State visit to Kenya.
The six agreements include new trade and agricultural collaborations, with Kenya expor. . .
Kenya will build Africa's largest affordable home project utilising 3D printing technology.
Posted on :Thursday , 30th December 2021
In Kilifi town, north of Mombasa, Kenya, 14Trees, a joint venture between Holcim and CDC Group, will build Africa's largest 3D-printed affordable housing project.
The revolutionary 3D printing technology helped the 52-house Mvule Gardens project come to life in record time. 14Trees created the world's first 3D printed school in Malawi's Salima district earlier this year.
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Kenya's horticulture export revenues increased significantly over the last 11 months.
Posted on :Wednesday , 29th December 2021
Kenya's horticulture export revenues increased by 6.4 percent to Ksh 8.7 billion (US$77 million) in the 11 months to November 2021, owing to increased demand for Kenyan produce on the global market as export destinations continue to relax in Covid-19 stipulations.
Kenya earned Ksh145.4 billion (US$1.29 billion) for the period under review, up from Ksh136.7 billion (US$1.2 bil. . .
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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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