Market News | KITE 2023

Market News

KITE 2023 gets coveted partnership endorsement from the Kenyan Government

The 24th Kenya International Trade Exhibition, to be held from 5 - 7 July 2023, 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 24th KITE 2023 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.

  • Kenya Eyes More Regional Trade after Pact with Two Blocs Kicks Off In March

    Posted on :Thursday , 26th January 2023

    Kenya could soon start exporting its goods outside the East African Community (EAC) market with the implementation of a tripartite agreement that is expected to be implemented in March this year.

     

    The free trade pact that brings together 3 regional business blocs the Common Market for Eastern and Southern Africa (Comesa), EAC and South African Development Community, was mooted. . .

  • KNCCI Boss Richard Ngatia Lauds Kenya, DR Congo Trade Ties

    Posted on :Thursday , 26th January 2023

    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 collaboration with the East Africa Chamber of Commerce an. . .

  • Kenya and the Netherlands improving access to healthcare through bolstering health systems

    Posted on :Tuesday , 27th December 2022

    14 Dutch companies are travelling to Kenya to increase private sector Dutch involvement in Kenyan healthcare. to interview decision-makers, businesses, and academic institutions in order to thoroughly research Kenya's healthcare system. Additionally, by going to different hospitals and other medical facilities in Nairobi and Kisumu. The tour will assist these companies in locating market prospe. . .

  • Ghana, Kenya Bolster Historic Ties

    Posted on :Friday , 23rd December 2022

    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 another incen¬tive to build up economic corpo&Ac. . .

  • UK Govt Gives Euro 900k to IT Company for Africa Expansion

    Posted on :Friday , 23rd December 2022

    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 credit loan from Apple Bank, supported by its UK servicer and arranger of. . .

Expogroup

Expogroup is a full service exhibition organiser with over 26 years experience in International trade exhibitions. Our current portfolio includes 27 annual exhibitions from a diverse range of industries being held across the Middle East & Africa.

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