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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US$12M deal signed by Kenya to fund infrastructure to boost trade
Posted on :Tuesday , 24th November 2020
Kenya and the East African trade promotion lobby, TradeMark East Africa, signed an agreement of 1.31 billion shillings (approximately 12 million) to fund regional infrastructure projects to improve trade.
National Treasury Cabinet Secretary Ukur Yatani told reporters in Nairobi that the grants will fund infrastructure projects to promote trade and fuel economic development in. . .
DOB Equity supporting Mr Green Africa in the recycling of plastic waste
Posted on :Tuesday , 24th November 2020
DOB Equity, an impact firm, is investing additional funds into a Kenyan-based plastic waste recycling company, Mr Green Africa. Mr Green Africa will be able to expand its operations in Kenya with this second investment from the family firm.
The plastic waste recycling industry is taking shape in Kenya. Mr. Green Africa has just earned funds to grow his work in the region, one. . .
Pharmaceutical Industry to Create Opportunities for Manufacturers and Exporters in Kenya
Posted on :Monday , 2nd November 2020
The pharmaceutical industry in Kenya is growing at a speedy pace and offers great opportunities for manufacturers and exporters to establish their products and services in the lucrative market for pharmaceuticals in East Africa. Kenya is presently the largest producer of pharmaceutical products in the Common Market for Southern and Eastern Africa (COMESA) region, supplying more than 50% of the . . .
Turkey to promote economic cooperation with Kenya
Posted on :Friday , 30th October 2020
Turkey aims to diversify and elevate its economic cooperation with East Africa’s largest economy, Kenya, to a new level based on a “win-win†situation, a Turkish diplomat said this week.
“Turkey regards Kenya as a key and robust player in the East and Horn of Africa region and an important partner i. . .
Swedfund is investing in women's health and self-care in East Africa
Posted on :Friday , 30th October 2020
Swedfund, the Swedish government development fund, is investing in Kasha Global, whose e-commerce platform provides access to and purchase of contraceptive, menstrual and health care products, both online and offline, for women, primarily in Rwanda and Kenya.
The Chief Executive Officer of Swedfund Maria Hakansson said that “In Africa, it is quite common fo. . .
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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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