UNCTAD Secretary-General Rebeca Grynspan met today with President William Ruto of Kenya to examine the structural challenges confronting the area and deal UNCTAD's support. President Ruto expressed, "We firmly accept that UNCTAD is an essential accomplice for Kenya", underlining that exchange stays key to long haul practical financial development. He was joined by Industry, Exchange and Venture Bureau Secretary Moses Kuria. Ms..... Read more »

Posted on : Tuesday , 22nd August 2023

Tanzania Investment Centre (TIC) and the Foreign Cooperation Department of the Indian province of Haryana marked a Reminder of Figuring out (MoU) to upgrade exchange and speculation collaboration. The MoU covers different areas of shared interest, including cars, drugs, materials, designing, energy, synthetic compounds, manures, agrarian items, science, training, and the travel industry. Gilead Teri, Leader Overseer of TIC expressed.... Read more »

Posted on : Friday , 4th August 2023

NAIROBI, Kenya - Exchange Bureau Secretary Moses Kuria has oozed certainty that every one of the country's 47 areas will have modern parks by August 2024. Kuria expressed that the public authority was well on course to build the Area Collection and Modern Parks (CAIPS) which it expects to use on prodding the country's monetary development. During the gathering, Kuria noticed that it arose "that 32 out of 47 Areas have no type of.... Read more »

Posted on : Friday , 4th August 2023

The Confederation of Tanzania Businesses (CTI) has given its investigation and reaction to key features from the Tanzanian Government's 2023/2024 Financial plan Discourse, praising the public authority's obligation to monetary development and modern turn of events. CTI is a main association addressing the confidential area in Tanzania. It has been a key part in the country's monetary undertakings since its foundation in 1991. CTI's job.... Read more »

Posted on : Wednesday , 5th July 2023

The Tanzania Investment Centre (TIC), has quite recently delivered its Month to month Speculation Factsheet-May 2023 which demonstrates that a sum of 52 venture projects worth USD 327.63 million were supported and enlisted in May 2023. These activities are supposed to create 6,279 new positions. Of the 52 venture projects, 21 were in assembling, 17 in transport, 10 in the travel industry, 3 in agribusiness, 2 in business building,.... Read more »

Posted on : Tuesday , 4th July 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 Africa, under the more extensive system of IDDA III,.... Read more »

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. The step is supposed to support the home-grown cotton.... Read more »

Posted on : Friday , 19th May 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". Kenya Relationship of Producers (KAM) CEO Antony Mwangi addressed the Business.... Read more »

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 necessary steps to improve the goal's achievement in order to accomplish.... Read more »

Posted on : Wednesday , 26th April 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 and investment objectives by their countries to strengthen bilateral.... Read more »

Posted on : Thursday , 30th March 2023

In February at the Joint Economic and Trade Commission meeting in Addis Ababa, Ethiopia and China signed a MoU to strengthen economic and trade connections in vital sectors. Dr Sheng Lu, associate professor in the Department of Fashion and Apparel Studies at the University Delaware tells Just Style exclusively: “The latest MOU could further build up the close tie between Ethiopia and China in the textile and apparel sector. Notably, as a.... Read more »

Posted on : Thursday , 30th March 2023

Going by the National Bureau of Statistics (NBS), with 100,371 arrivals last year, France brought in the second highest number of arrivals from outside the African continent, after the US, whose figures stood at 100,600. The Basa, meant to attract more tourists, was signed by the Works and Transport minister, Prof Makame Mbarawa, on behalf of Tanzania and France’s minister for Foreign Trade and Economic Attraction, Mr Olivier.... Read more »

Posted on : Monday , 27th February 2023