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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Phone-based HIV support system repurposed for COVID monitoring in Uganda
Posted on :Thursday , 30th July 2020
A cost-effective phone based system developed by a Cambridge researcher and her Ugandan colleagues to support HIV patients has been rapidly adapted by the team to help the Ugandan Ministry of Health monitor those in quarantine during the coronavirus pandemic.
People entering Uganda have been required to quarantine for 14 days as part of the country's lockdown measures, during which time t. . .
US Donates Ksh 7.9 Million Medical Equipment to Kenya
Posted on :Thursday , 30th July 2020
The United States is donating personal protective and hospital equipment valued at Ksh 7.9 Million to five hospitals in Nairobi, Mombasa, Kisumu, Siaya, and Nakuru in response to the COVID-19 pandemic.
Each hospital in Nairobi, Mombasa, Kisumu, Siaya, and Nakuru will receive N95 masks, surgical masks, coveralls, medical goggles, face shields, and pulse oximeters.. . .
COVID patients benefit from enhanced Homecoming initiative
Posted on :Thursday , 30th July 2020
Vodafone Ghana Foundation, the charity arm of Vodafone Ghana, has organised a virtual ceremony to launch its annual Homecoming initiative. The virtual launch formed part of efforts to herald the three-phased Homecoming initiative aimed at bringing relief to many patients who are in financial distress in some medical facilities nationwide. To kick start the first phase in the Northern belt, the . . .
Kenya's trade in EAC up despite tensions
Posted on :Thursday , 16th July 2020
Kenya's trade with the six-nation East African Community improved by 57.7 percent in the first quarter compared to a similar period last year despite the long-standing trade tension with some of the member states.
The Kenya National Bureau of Statistics (KNBS) data shows that balance of payments - net exports less net imports - with Burundi, Rwanda, Tanzania, Uganda and South. . .
Africa's Long-term Growth Promise Remain Unharmed as Economies Display Their Resilience
Posted on :Friday , 10th July 2020
The pandemic is undoubtedly a major and unexpected blow to Africa's near-term growth and development prospects. However, it is proving just how resilient many of the continent's economies have become in recent years thanks in part to diversification and better regional integration.
The World Bank expects the global economy to contract by 5.2% in 2020 - the worst recession in . . .
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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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