Kenya Inks Six Trade Agreements with China
Kenya and China have sealed six bilateral trade agreements and will also form a joint working group to address trade barriers between the two countries to reduce trade imbalances. The [...]
Kenya Records a KSh 9.15 Billion Trade Deficit with Tanzania
Kenya had a trade deficit with Tanzania hit KSh 9.15 Billion at the end of the third quarter of 2021, official figures show, the first time imports from Tanzania have [...]Kenya Leads Africa in Avocado Exports in 2020
Kenya topped Africa's avocado exports in 2020, and was among the world's top 10 producers,with Murang’a leading with 31% of total production. Horticulture Crops Directorate (HCD) Director Benjamin Tito says [...]
Kenya – DRC Trade Mission Kicks off in Kinshasa
The Kenya – DRC Trade Mission 2021, a 15-day business networking initiative organized by the governments of Kenya and DRC has kicked off. The trade mission, which brings together Kenyan [...]Uganda's Coffee Exports Earnings Hit $657 Million
Uganda’s coffee exports earnings hit $657 million in the year to October 2021, on the backdrop of adverse weather conditions and the global COVID-19 restrictions in the world’s biggest exporters [...]Kenya's Imports from Tanzania Hit KSh20.5 Billion in H1 2021
Kenya’s imports from Tanzania hit KSh20.5 billion in H1 2021, riding on the back of resolved trade disputed between the two countries. This compares to KSh10.8 billion for the same [...]Uganda Loses $720 Million on the Back of New 5% Tax on Gold Exports
Uganda has lost an estimated $720 million in missed gold exports since July this year as exporters boycott a new tax. In April, the government imposed a levy of 5% [...]EAC Unveils Online Portal to Boost Trade
The East African Community (EAC) has unveiled a digital portal, seeking to deepen trade and lower the cost of doing business in the region. The platform, dubbed the Mansa digital [...]Kenya and USA sign SME Trade Initiative
Kenya and the USA have signed a deal that will enable Kenyan Small and Medium-Sized Enterprises(SMEs) to take full advantage of the African Growth and Opportunity Act (AGOA) and be [...]Kenya Barbados Sign Bilateral Trade Agreements
Kenya and Barbados have signed three key bilateral agreements for cooperation in aviation, environmental conservation, trade and investment. President Uhuru Kenyatta and Prime Minister Mia Amor Mottley witnessed the signing [...]AfDB to Invest $7 Billion in Trade within the AfCFTA
The African Development Bank (AfDB) said it will support trade valued at $7 billion over the next five years in a bid to spur the growth of the African Continental [...]Intra EAC Trade Falls to KSh649 Billion in 2020
Trade within the East African Community (EAC) dropped by 5.5% in 2020 to reach KSh649 billion, occasioned by the global COVID-19 pandemic that had a negative impact on trade. EAC [...]
