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  • East Africa looks to boost exports through trade balance

    Posted on :Friday , 16th January 2015

     In the wake of the global economic crisis, Kenya’s exports grew rapidly, rising from KSh344.9bn ($3.9bn) in 2009 to KSh409.8bn ($4.6bn) in 2010, a jump of 18.8%, according to the Kenya National Bureau of Statistics. Even amidst the slowdown in eurozone demand, overseas sales continued to increase over the following year, climbing 24.7% to hit KSh511bn ($5.8bn) in 2011. The pace of e. . .

  • Kenya pursuing manufacturing growth

    Posted on :Friday , 16th January 2015

     Kenya’s government is currently considering the final iteration of a bill that would establish three special

    economic zones (SEZs) within the country. The SEZs will allow lower levels of taxation and fewer regulatory hurdles, and will focus primarily on industrial activity, in particular textile production. The SEZ bill is part of a broader initiative to boost the manufact. . .

  • UK exporters competing for business in Africa

    Posted on :Thursday , 15th January 2015

     UK Export Finance (UKEF), the UK's export credit agency, has announced that it is making enhanced cover available to UK exporters competing for business in Rwanda.

    Africa to Set Up Independent Body to boost industrialization

    Posted on :Thursday , 15th January 2015

     Oromia is conducting a study which could lead to the establishment of an autonomous body that will be fully in charge of industrial development in the region, instead of the Industry & Urban Development Bureau a. . .

  • East Africa:Moving towards Industrialization through trade & investment

    Posted on :Wednesday , 14th January 2015

     Today's Africa is one of the most sophisticated, diverse and promising emerging markets globally. Africa is a key investment location, both for the market opportunities that lie within its borders and as a gateway to the rest of the continent, a market of about1- billion people.

    East Africa is the economic powerhouse of Africa and forms part of the BRICS group of countries with . . .

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