Search Results for: Kenyan

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%.…

GREATER integration and cooperation among African states is needed to boost business and investment in the cotton, textiles and apparel sector of the continent, a three-day industry conference in Nairobi, Kenya, was told.

The Origin Africa event from November 10-12 brought together clothing and textile industry players and experts heard that national cotton apparel and fabric sectors within Africa were duplicating products when a collaborative approach could be more effective.…

KENYA’S meat industry is worried that east Africa’s meat and livestock sector could suffer from the impact of subsidised European Union (EU) exports now a trade deal has been agreed between the EU and the East African Community (EAC).

Speaking days after an Economic Partnership Agreement (EAP) has been agreed between the two, Qalicha Wario, chief executive officer of the Kenya Livestock Marketing Council, warned: “I think that if they give a subsidy of 80% per cent [to EU farmers] it is not fair.”…

The Kenyan government has confirmed to just-style that its ministry of industrialization and enterprise development has entered into a deal with Chinese firm Jiangsu Lianfa Textile Company to build a major textile plant. The Nantong, Jiangsu province-based corporation has agreed to build the plant at Naivasha, a lakeside town ninety-two kilometres north-west of Nairobi, the country’s capital.…

KENYAN knitwear exporters maybe the biggest knitting sector winners from a comprehensive trade deal struck between the European Union (EU) and the East African Community (EAC), which was finalised on October 16. It should boost trade between the two regions – including of yarns and knitted or crocheted clothing and fabrics.…