Kenya Praises the Third Industrial Development Decade for Africa's Implementation

Posted on :Friday , 19th May 2023

The 39th meeting of United Nations Industrial Development Organization (UNIDO) and Financial plan Board in Viena, Australia, Head Secretary in the State Division for Industry Dr. Juma Mukhwana who drove the Kenyan designation, unveiled that in 2022, in excess of 250 ventures, with a complete worth of US$63.3 million, barring between provincial and worldwide portfolios, were under execution in A. . .

Kenya Takes Steps to Re-establish Its Local Textile Industry

Posted on :Friday , 19th May 2023

Kenya as of late said ranchers will get free synthetic compounds and preparing to guarantee most extreme yield and the public authority is supposed to give an adequate number of unrefined components to the material business.

The state division for industrialization, the service of agribusiness and the Crack Valley Material East Africa Ltd (RIVATEX) will team up on the venture. . .

KAM CEO Antony Mwangi's Assessment of the 20by30 Agenda

Posted on :Wednesday , 26th April 2023

The William Ruto organization has set an objective for the assembling area's commitment to the GDP — a proportion of public financial result — to significantly increase from 7.2 percent in 2021 to 20 percent in 2030.

The drive named Kenya Assembling 20by30 targets expanding "on valuable open doors accessible to spike neighborhood industry's development".

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Manufacturing Industry Is Expected To Contribute To The Growth Of The GDP. By 2030

Posted on :Wednesday , 26th April 2023

By 2030, the manufacturing sector is anticipated to drive GDP growth. The growth domestic product (GDP) of Kenya is expected to increase by 15% by 2027 and 20% by 2030 as a result of the manufacturing sector.

According to the finance ministry, the nation's economy will rise by 5.3% in 2022 and 6.3% in 2023.The Ministry of Investments, Trade, and Industry is taking the necessa. . .

Uganda, Kenya Sign New Trade Agreement

Posted on :Thursday , 30th March 2023

The Permanent Secretary in the Ministry of Finance, Planning and Economic Development, Mr Ramathan Ggoobi, has met with Kenya’s Cabinet Secretary for Investments, Trade and Industry, Mr Moses Kuria, to discuss and facilitate regional co-investment opportunities in strategic sectors.

In the meeting held in Nairobi, Kenya, on 28th March, the 2 focused on mutual economic a. . .