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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Africa Healthcare Network Receives $20 Million in Funding for a Continent-wide Expansion Led by Africa50 and Africinvest.
Posted on :Wednesday , 10th January 2024
Africa Healthcare Network (AHN), a leading provider of dialysis services in Africa, has received a $20 million equity and debt investment from Africa50 and AfricInvest, two leading African institutions, as well as Tokyo-based Ohara Pharmaceutical Co., Ltd.
The funding will allow AHN to expand more quickly and address significant gaps in the availability of high-quality, affordable ren. . .
At the Africa Green Industrialization Initiative, Kenya Secures $4.48 Billion in Green Manufacturing Transactions
Posted on :Monday , 4th December 2023
NAIROBI, Kenya has announced the signing of green manufacturing agreements worth USD 4.48 billion during the opening of the Africa Green Industrialisation Initiative (AGII).
President William Ruto presided over the event, which included coordination with the COP28 Presidency (UAE) and several other African states.
The monies, according to Hussein Mohamed, S. . .
AFENET Agrees To Increase Capability For Regional Medical Education And Research
Posted on :Wednesday , 8th November 2023
The significance of local medical supply manufacture has been emphasised by the African Field Epidemiology Network (AFENET) in partnership with the Kenya Field Epidemiology and Laboratory Training Programme. This will guarantee stockpile readiness in the event of a pandemic.
Dr. Sultani Matendechero, Deputy Director General, Ministry of Health, Kenya, stated at a scientific conference. . .
Kenya Will Receive Ksh 26 Billion from a Chinese Manufacturer of Medical Devices
Posted on :Wednesday , 25th October 2023
The Chinese medical device maker through its neighborhood auxiliary Full Care Clinical, said the plant will assist it with growing its dissemination of basic clinical supplies in Sub-Saharan Africa.
"After broad assessment of business sectors and site areas, we have chosen Kenya and Tatu City as the base for our worldwide extension. We are focused on advancing the advancement. . .
Women's Organization Supports Climate Smart Agriculture
Posted on :Wednesday , 18th October 2023
Kegoosho women group in Kiekonyokie, Kajiado West voting public have procured a guard gather of cow peas and yellow beans in the wake of embracing environment savvy farming.
The yields were developed utilizing sun oriented fueled dribble water system, with help from the Dry Terrains Data Organization (ALIN) through their undertaking named, Controlled by the sun.
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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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