Search Results for: Kenyan

The Kenya bath and shower product market is projected to grow on average by 3% year-on-year to 2020, according to UK-based market researcher Euromonitor International. In a report released this September (2016), the sector during 2015 was valued at Kenyan Shillings KES2.4 billion (USD23.4 million at recent exchange rates).…

SECURITY and peace is slowly returning to Somalia, as its internationally-recognised government slowly gains power and extremist insurgents lose authority. But while relative safety is encouraging the return of entrepreneurs, it also emboldens commercial criminals. Ramadhan Rajab reports.

SALIM Nur, 49, had hoped to be part of Somali’s renewal by waging a war – not on the military frontline, but using markets as battlegrounds for economic revival.…

CONCERN is growing in Kenya that its meat and livestock industry will be kicked out from the European Union’s EU) ‘market access regulation’ (MAR) from October 1, which has granted its exporters duty-free and quota-free access to EU consumers and businesses since 2008.…

The Kenyan textiles and apparels industry has welcomed an anticipated trade deal between Kenya and Turkey designed to boost annual trade volumes between the two countries to USD1 billion, up from the prevailing USD144 million. The Kenya Association of Manufacturers (KAM), an umbrella body that represents firms across the industrial sector in Kenya, sees this as a reinforcement of long standing trade partnership between Kenya and Turkey, as well as a win for textiles.…

MOBILE money transactions surged in 2015 across the world – increasing by 31% to reach 411 million mobile money accounts, and this is a critical platform for expanding financial inclusion globally, according to GSMA, a UK-based global mobile industry association, in its February 2016 annual report on the ‘State of the Industry Report on Mobile Money’. …

Regardless of the debate about whether China is losing its shine as a clothing source, brands will always be looking for a competitive edge in new manufacturing hubs.

Myanmar’s low wage garments sector, for instance, is poised for rapid growth. The country’s first democratically elected government in 50 years is set to assume power in April and several reforms have already been made to bolster the country’s appeal as a sourcing destination for international clothing brands.…

China pharmaceutical industry investors want to help sub-Saharan African countries meet growing domestic demand for medicine in return for tax breaks and private-public partnership initiatives. But there are difficulties – including product quality and standards issues that impede the flow of Chinese Yuan into African pharma production.…

Kenya is the third largest market for industrial paints and coatings in sub-Saharan Africa, ranking behind South Africa and Nigeria, according to regional analysis conducted by market researchers Frost & Sullivan.
According to their report, released last May (2014), the three countries are projected to have a joint market volume of over 140 million litres for industrial paints and coatings by 2017.…

East Africa is emerging as an attractive sourcing alternative for apparel and textile producers around the world as costs in Chinese outsourcing centres rise especially. With cheaper labour and resources, the region has already attracted foreign investment, particularly from Asia.

International apparel and textile producers are looking hard at Ethiopia as an attractive production and sourcing destination.…

One of the biggest expanding markets for cosmetics and personal care products is sub-Saharan Africa. A key exporter to the region, L’Oréal has estimated that the overall African beauty and personal care market generated EUR6.93 billion (USD8.61 billion) in 2012, growing at between 8% and 10% annually, compared to a global market growth rate near 4%.…