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.
-
Finland grants Sh14 billion to a company to boost business in East Africa
Posted on :Friday , 5th March 2021
Finland provides a grant of Sh14 billion to a company to help it expand its business in East Africa.
The Finnish government has given TradeMark East Africa (TMEA) an additional grant of Sh14 billion to support the region's trade and economic development.
The grant is expected to help TMEA's role in enhancing trade across the East African Community (EAC) and. . .
Kenyan chamber of commerce enhance bilateral relations in Sharjah
Posted on :Thursday , 4th March 2021
The Sharjah Chamber of Commerce and Industry (SCCI) and the Kenya National Chamber of Commerce and Industry (KNCCI) have explored ways to work together to open a representative office for the KNCCI in the emirate in order to strengthen bilateral relations and support the two countries' business communities.
This happened during a meeting between the SCCI and its President Ric. . .
.jpg)
Safaricom Market Cap Crosses Ksh 1.5 Trillion
Posted on :Friday , 19th February 2021
Kenya’s largest listed company hit a market capitalization Ksh 1.52 Trillion after the company’s shares touched a new record high of Ksh 38.
On 11th Feb, the Nairobi Securities Exchange listed firm announced it was paying an interim dividend of KSh 0.45 per ordinary share, amounting to KSh 18.029 Billion for the year ended 31st March 2021. . .
UK To Step Up Trade With Kenya After the Latest Trade Deal
Posted on :Monday , 15th February 2021
Jane Marriot, British High Commissioner to Kenya, said the United Kingdom has reaffirmed its pledge to scale-up trade with Kenya.
Ms Marriot continued that as part of their economic relationship, her country was eager to see foreign currency sales return to a win-win scenario for both countries.
Despite the Covid-19 global pandemic, the High Commissioner ad. . .
Global IT company Rahi invests US$5m in Africa
Posted on :Monday , 15th February 2021
Global IT technology company Rahi has announced a US$5 million in capital spending across Africa as it launches its global expansion plan for the IT, data centre and business campus technology sectors.
Over the next three years, Rahi aims to spend US$5 million to extend its footprint across Dubai, South Africa, Kenya, Nigeria, Morocco and Egypt.
Following i. . .
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
