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    Development Bank of Southern Africa gives $81.30 million to Mozambique

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    M-Kopa addressing Kenya’s energy needs, a fridge at a time

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    Ghana hosts key African Continental Free Trade Area meetings

    An exhibitor (L) explains a point to (2nd Left- Right) KAM Chair Sachen Gudka, Environment CAS Mohamed Elmi, NEMA Ag. DG Mamo b Mamo, and KAM Vice Chair Mucai Kunyiha

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    Ghana hosts key African Continental Free Trade Area meetings

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    The Nairobi Securities Exchange(NSE) has recorded an 82 per sent drop in half year profit to June 30, the self listed firm has reported. The group's profit during the period Ksh24 million as compared to Ksh134 million recorded over the same period in 2018. Global economic growth remained subdued in the first half of 2019 on account of strained US-China trade relations coupled with prolonged Brexit uncertainty, that significantly impacted on investor sentiments, slowing down investment.

    Why NSE profits have dropped 82%

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    Bear run continues at NSE with drop in key index

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    All eyes on NSE as futures trading kicks off

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    NSE trade more than doubles as market breaks

    The Nairobi Securities Exchange(NSE) has recorded an 82 per sent drop in half year profit to June 30, the self listed firm has reported. The group's profit during the period Ksh24 million as compared to Ksh134 million recorded over the same period in 2018. Global economic growth remained subdued in the first half of 2019 on account of strained US-China trade relations coupled with prolonged Brexit uncertainty, that significantly impacted on investor sentiments, slowing down investment.

    NSE gets green light for Derivatives Market

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    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    NSE opens week with low share volumes

    The Nairobi Securities Exchange(NSE) has recorded an 82 per sent drop in half year profit to June 30, the self listed firm has reported. The group's profit during the period Ksh24 million as compared to Ksh134 million recorded over the same period in 2018. Global economic growth remained subdued in the first half of 2019 on account of strained US-China trade relations coupled with prolonged Brexit uncertainty, that significantly impacted on investor sentiments, slowing down investment.

    UK firm kicked out of Nairobi Securities Exchange

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    Low volumes mark opening of Nairobi Securities trading

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    Development Bank of Southern Africa gives $81.30 million to Mozambique

    Development Bank of Southern Africa gives $81.30 million to Mozambique

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    More light for Madagascar as Norfund and We Light mini-grid plan

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    M-Kopa addressing Kenya’s energy needs, a fridge at a time

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    Development Bank of Southern Africa gives $81.30 million to Mozambique

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    More light for Madagascar as Norfund and We Light mini-grid plan

    M-Kopa addressing Kenya's energy needs, a fridge at a time

    M-Kopa addressing Kenya’s energy needs, a fridge at a time

    Ghana hosts key African Continental Free Trade Area meetings

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    An exhibitor (L) explains a point to (2nd Left- Right) KAM Chair Sachen Gudka, Environment CAS Mohamed Elmi, NEMA Ag. DG Mamo b Mamo, and KAM Vice Chair Mucai Kunyiha

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    French Development Agency $30 million for African SMEs

    French Development Agency provides $30 million for African SMEs

    Finland increases its support to African Development Fund

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    Qatar Airways grabs a handsome stake in Rwanda International Airport

    Ghana hosts key African Continental Free Trade Area meetings

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    Committee to promote trade between Ghana, Japan started

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    Solar energy Plant

    Burkina Faso benefits from $53 million AfDB funding for solar energy

  • Stock Markets
    • All
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    • USE
    The Nairobi Securities Exchange(NSE) has recorded an 82 per sent drop in half year profit to June 30, the self listed firm has reported. The group's profit during the period Ksh24 million as compared to Ksh134 million recorded over the same period in 2018. Global economic growth remained subdued in the first half of 2019 on account of strained US-China trade relations coupled with prolonged Brexit uncertainty, that significantly impacted on investor sentiments, slowing down investment.

    Why NSE profits have dropped 82%

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    Bear run continues at NSE with drop in key index

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    All eyes on NSE as futures trading kicks off

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    NSE trade more than doubles as market breaks

    The Nairobi Securities Exchange(NSE) has recorded an 82 per sent drop in half year profit to June 30, the self listed firm has reported. The group's profit during the period Ksh24 million as compared to Ksh134 million recorded over the same period in 2018. Global economic growth remained subdued in the first half of 2019 on account of strained US-China trade relations coupled with prolonged Brexit uncertainty, that significantly impacted on investor sentiments, slowing down investment.

    NSE gets green light for Derivatives Market

    CMA is set to recover Ksh208 million from illegal trading in fixed income securities

    Kenya’s security market regulator moves to tame fraud

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    NSE opens week with low share volumes

    The Nairobi Securities Exchange(NSE) has recorded an 82 per sent drop in half year profit to June 30, the self listed firm has reported. The group's profit during the period Ksh24 million as compared to Ksh134 million recorded over the same period in 2018. Global economic growth remained subdued in the first half of 2019 on account of strained US-China trade relations coupled with prolonged Brexit uncertainty, that significantly impacted on investor sentiments, slowing down investment.

    UK firm kicked out of Nairobi Securities Exchange

    Nairobi Security Exchange’s top share index-NSE 20 shed some 43.09 points or 1.67 per cent to stand at 2543.59 on Friday, even as volumes rose from the previous trading. The index that tracks blue chip companies at the bourse has been on a downward streak in recent weeks, affecting other indices. NSE market turnover for Friday however stood at Ksh332 million (US$3.2 million) from the previous session’s Ksh179 million (US$1.7 million) as the number of shares traded rose to 12.5 million against 9.9 million posted the previous day. Safaricom was the week’s biggest mover.

    Low volumes mark opening of Nairobi Securities trading

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    Development Bank of Southern Africa gives $81.30 million to Mozambique

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    M-Kopa addressing Kenya's energy needs, a fridge at a time

    M-Kopa addressing Kenya’s energy needs, a fridge at a time

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    Rwanda embraces cloud based OTT messaging apps

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    IATA projects that Kenyan market could more than double in size in 20 years

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Home Industry and Trade

Kenya eyes high table seat at inaugural intra-Africa trade talks

The country’s Export Promotion Council is closely working with the Kenya Private Sector Alliance to ensure the country is well positioned to benefit from the Inaugural Intra-Africa Trade Fair and future continental trade deals, which includes securing markets for Kenyan products.

Chacha Mwita by Chacha Mwita
November 14, 2018
in Kenya
0
Kenya is keen to play a lead role in steering intra-Africa trade as the continent meet for the Inaugural Intra-Africa Trade Fair (IATF) in Cairo, Egypt, next month.The Export Promotion Council is spearheading Kenya's participation at the Inaugural IATF in collaboration with the Africa Export Import Bank (AFREXIM BANK), aimed at increasing intra-Africa trade.The African continent is a key market for Kenyan exports

NOVEMBER 15, 2018 —Kenya is keen to play a lead role in steering intra-Africa trade as the continent meet for the Inaugural Intra-Africa Trade Fair (IATF) in Cairo, Egypt, next month.

The Export Promotion Council (EPC) is spearheading Kenya’s participation at the Inaugural IATF  in collaboration with the Africa Export Import Bank (AFREXIM BANK), aimed at increasing intra-Africa trade from the current 15  per cent to above 50 per cent.

EPC is Kenya’s premier institution in the development and promotion of export trade.

African states are meeting at the Egypt International Exhibition Center in Cairo between December 11 and 17 December, to forge ways of growing trade in the continent.

The IATF provides a platform for trade, investment and market access which is organized by Afrexim Bank, in collaboration with the African Union.

All African Countries will be showcasing their best export products during the fair, EPC said in a communiqué to the country’s business community, urging them to capitalize on the event to position the country as market source for the continent, while building partnerships for growth of intra-Africa trade.

The promotion council is closely working with the Kenya Private Sector Alliance (KEPSA) to ensure the country is well positioned to benefit from the IATF and future continental trade deals, which includes securing markets for Kenyan products.

“Kenya’s objective is to drive to spur manufacturing share of our national wealth. The African continent, with a world market share of 17 per cent, remains the biggest opportunity for Kenyan exports,” EPC and Kepsa noted.

The theme for the Inaugural IATF is “Transforming Africa”.

Targeted sectors include services, construction materials, industrial crops, agricultural products, pharmaceutical products, cereal, fish and fish products, confectionaries and industrial hardware.

Others are edible oils, commercial crafts, animal and leather products, agricultural inputs and textiles

The EPC has secured 14 booths at a discount for each of the Kenyan companies that will exhibit under the Kenya pavilion.

Market access opportunities

Kenya has signed and ratified the Africa Continental Free Trade Area agreement, which will be effective upon ratification by 22 Africa Union member states.

The African continent is a key market for Kenyan exports as part of the drive to spur manufacturing share of the national wealth.

The conference will address topical issues relating to trade finance, payments, trade facilitation, trade-enabling infrastructure, harmonization of trade standards and regional value chains, considering the African Continental Free Trade Area (AfCFTA).

It will bring together high-level policy makers and leaders in both the public and private sectors to explore trade and investment opportunities in Africa.

Kenya has further planned a trade and investment seminar in Cairo where participating exhibitors will be given exclusive access to the Kenya-focused trade and investment round table discussions.

The talks (panel sessions) will include industry leaders, policy makers, importers and investors from across the continent and around the world.

It will offer networking opportunities and exclusive media coverage.

READ:Free trade area to lift Intra-African trade share to 52 percent

 

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Tags: AfricaAfrica Continental Free Trade Area agreementAfrican Continental Free Trade Area (AfCFTA)African UnionEgyptEgypt International Exhibition CenterExport Promotion Council (EPC) Africa Export Import Bank (AFREXIM BANK)Intra-Africa Trade Fair (IATF)KenyaKenya Private Sector Alliance (Kepsa)
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