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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AAFA signs MoU with Kenya Association of Manufacturers
Posted on :Thursday , 23rd September 2021
At a ceremony, the American Apparel & Footwear Association (AAFA) and the Kenya Association of Manufacturers (KAM) signed a memorandum of agreement. They have committed to work together on policy issues of common relevance to their membership, such as collaborative advocacy and information exchange on industry best practices.
The United States and Kenya have lately indica. . .
Britam Half-Year Net Earnings Rise to KSh 376.3 Million
Posted on :Wednesday , 29th September 2021
Britam Holdings Plc recorded a net profit of KSh 376.3 Million at the close of the 6 months ended on 30th June 2021 compared to a loss of KSh 1.6 Billion in the 1st half of last year.
The Group also posted a pre-tax profit of KSh 647 Million at the end of 30th June 2021 compared to a pre-tax loss of KSh 2.3 Billion in H1, 2020.
The Group's investment income. . .
NCBA's Half Year Profit Climbs 77% to KSh4.7 Billion
Posted on :Wednesday , 29th September 2021
NCBA has reported a 77 per cent increase in its half year net profit to KSh4.7 billion compared to KSh2.6 billion posted in the same period in 2020, due to increased lending activity.
The bank's total interest income, which is the primary source of revenue, climbed by 9 per cent to KSh22.5 billion at the end of the half-year period from KSh20.7 billion in the same period last. . .
AstraZeneca partnership in Kenya to provide life-changing treatment to all
Posted on :Wednesday , 22nd September 2021
AstraZeneca is taking the lead in chronic illness management in Africa after partnering with the Pharmaceutical Society of Kenya (PSK) to establish the Kamba Ya Shanga project – a pharmacy-led end-to-end digitally integrated patient solution.
The collaboration is part of a shared vision and commitment to working toward a future in which all people have acce. . .
The Kenyan Recycling Partnership is looking for a brand owner.
Posted on :Wednesday , 22nd September 2021
The hunt for a brand owner partner, which partners Dow and Mr Green Africa think would finish the loop by enabling the use of recyclable flexible packaging in real applications, has begun in the second phase of a collaboration formed to remove inequities in recycling infrastructure in Kenya.
The alliance, which was officially established in November 2019 in Nairobi, Kenya dur. . .
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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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