Market News | KITE 2021

Market News

  • US$12M deal signed by Kenya to fund infrastructure to boost trade

    Posted on :Tuesday , 24th November 2020

    Kenya and the East African trade promotion lobby, TradeMark East Africa, signed an agreement of 1.31 billion shillings (approximately 12 million) to fund regional infrastructure projects to improve trade.

     

    National Treasury Cabinet Secretary Ukur Yatani told reporters in Nairobi that the grants will fund infrastructure projects to promote trade and fuel economic development in. . .

  • DOB Equity supporting Mr Green Africa in the recycling of plastic waste

    Posted on :Tuesday , 24th November 2020

    DOB Equity, an impact firm, is investing additional funds into a Kenyan-based plastic waste recycling company, Mr Green Africa. Mr Green Africa will be able to expand its operations in Kenya with this second investment from the family firm.

     

    The plastic waste recycling industry is taking shape in Kenya. Mr. Green Africa has just earned funds to grow his work in the region, one. . .

  • Pharmaceutical Industry to Create Opportunities for Manufacturers and Exporters in Kenya

    Posted on :Monday , 2nd November 2020

    The pharmaceutical industry in Kenya is growing at a speedy pace and offers great opportunities for manufacturers and exporters to establish their products and services in the lucrative market for pharmaceuticals in East Africa. Kenya is presently the largest producer of pharmaceutical products in the Common Market for Southern and Eastern Africa (COMESA) region, supplying more than 50% of the . . .

  • Turkey to promote economic cooperation with Kenya

    Posted on :Friday , 30th October 2020

    Turkey aims to diversify and elevate its economic cooperation with East Africa’s largest economy, Kenya, to a new level based on a “win-win” situation, a Turkish diplomat said this week.  

     

    “Turkey regards Kenya as a key and robust player in the East and Horn of Africa region and an important partner i. . .

  • Swedfund is investing in women's health and self-care in East Africa

    Posted on :Friday , 30th October 2020

    Swedfund, the Swedish government development fund, is investing in Kasha Global, whose e-commerce platform provides access to and purchase of contraceptive, menstrual and health care products, both online and offline, for women, primarily in Rwanda and Kenya.

     

    The Chief Executive Officer of Swedfund Maria Hakansson said that “In Africa, it is quite common fo. . .

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