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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Cameroon to benefit from construction of a multi-functional laboratory complex
Posted on :Thursday , 11th June 2020
The Republic of Cameroon, a country on the Gulf of Guinea in the central region of Africa is set to benefit from the construction of a multifunctional laboratory complex dedicated to the analysis and control of the quality of food, pharmaceutical, textile, electronic, chemical and construction products.
The project is being carried out by Mediline Medical Cameroon, a subsidia. . .
Kenya Tops Angola as Sub-Saharan Africa's No. 3 Economy
Posted on :Thursday , 11th June 2020
Kenya surpassed Angola as sub-Saharan Africa's third-largest economy in dollar terms, according to International Monetary Fund estimates. Angola has contracted every year since 2016 as oil output declined, and the kwanza was devalued in 2019 while Kenya's shilling held steady. The coronavirus pandemic and restrictions to limit its spread will probably see Angola's gross domestic product contrac. . .
Trump notifies Congress of trade deal with Kenya
Posted on :Friday , 20th March 2020
US President Donald Trump has officially notified Congress of its intention to negotiate a trade agreement with Kenya.
Trade Representative Robert Lighthizer sent a letter to Speaker Nancy Pelosi, House Minority Leader Kevin McCarthy and Senate Minority Leader Charles Shumer.
"Under President Trump's leadership, we look forward to negotiating and concluding a comprehensive, high-sta. . .
The Folding Plastic Furniture Market Is Projected To Grow In the Coming Years
Posted on :Thursday , 19th March 2020
The Folding Plastic Furniture Market has noticed a continuous growth in the last few years and is estimated to grow even further during the forecast period of 2020-2026.
Acceptance of folding furniture is on a rise in most populous cities of the world.
Plastic folding Furniture is the furniture mostly made by plastic.
Like for example the plastic fol. . .
Kenya's Plastics Industry On Course For Sustainable Success
Posted on :Friday , 13th March 2020
Since the beginning of the year, a new INTAREMA 1108 TVEplus RegrindPro with laser filter has been processing industrial and household waste plastic to produce recyclate at the company's plant in the Kenyan capital, Nairobi.
Mr. Green Africa combines social responsibility with technology and cost effectiveness.
As of February, the young entrepreneurs have expande. . .
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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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