Market News

Business persons from Kenya and the Democratic Republic of Congo (DRC) recently met to discuss trade opportunities under the theme ‘unlocking trade opportunities in East Africa and the Region’. The meet was organized by the Kenya National Chamber of Commerce and Industry (KNCCI) in collabor . . .

Ghana will continue to build up its economic corporation with Kenya by harnessing the potential of intra-Af¬rican trade, the Deputy Minister for Tourism, Arts and Culture, Mr Mark Okraku Mantey has said. “The African Continental Free Trade Area AfCFTA headquartered in Accra, provides yet ano . . .

UK Export Finance has provided £900,000 of support to Atlancis, a Kenyan cloud services company, enabling it to build a new relationship with UK exporter Vespertec to open growth opportunities in Africa. A Standard Buyer Loan Guarantee was offered by UK Export Finance to guarantee an export cr . . .

South Africa plans to prioritize its economic relationship with Kenya to boost trade and investment, Trade, Industry and Competition Minister Ebrahim Patel said. Trade between the 2 countries last year was only R6.5 billion, which was “not sufficient,” Patel said at a business forum in the . . .

Kenya is looking to become a manufacturing hub for American companies that are to relocate or diversify out of China, the Business Daily newspaper reported. Kenya has long sought a free trade agreement with the US. Initial discussions started in August 2018 and in July 2020, the 2 countries for . . .