Kenya Economy – Mombasa Info Sat, 25 Sep 2021 06:45:12 +0000 en-US hourly 1 Kenya Economy – Mombasa Info 32 32 What you need to know about the 2nd China-Africa Economic and Trade Exhibition Sat, 25 Sep 2021 06:45:12 +0000

The second China-Africa Economic and Trade Expo (CAETE) will take place from September 26th to 29th, 2021 in Changsha City in the central Chinese province of Hunan. Around 120 deals in trade, investment, project contracts and strategic collaboration worth $ 23.9 billion are expected to be signed during the expo.

HOST: It is a biennial event organized by the Ministry of Commerce of the People’s Republic of China and the People’s Government of Hunan Province.

STORY: CAETE was proposed by Chinese President Xi Jinping at the 2018 Beijing Summit of the Sino-African Cooperation Forum. It is a platform for both sides to deepen economic and trade cooperation. The first expo took place in June 2019 with 84 cooperation agreements signed for a value of 20.8 billion US dollars. The agreements covered trade, investment, infrastructure, agriculture, manufacturing, aviation, tourism and the establishment of cities of friendship.

TOPIC: “New start, new opportunities, new successes.” Six African countries, including Algeria, Ethiopia, Kenya, Rwanda, South Africa and Senegal, are the guests of honor at this year’s fair. Information about their investment environment, trade policy, key products and tourism are highlighted.

EVENT LOCATIONS: The Changsha International Convention and Exhibition Center houses the main exhibition area with goods, specialties from China and African countries as well as milestones in Sino-African cooperation.

The innovation demonstration park to promote Sino-African economic and trade cooperation (Hunan Gaoqiao Grand Market) houses a parallel exhibition. The park is Hunan’s pilot zone for bilateral cooperation and a permanent exhibition platform.

Visitors can find African products, brands and five special display cases: the Coffee Exhibition Area; Nut exhibition area; Cocoa exhibition area; Exhibition area for agricultural and sideline products and exhibition area for exports to Africa.

WHAT ELSE YOU CAN EXPECT: 22 events will be held, including forums and business brokerage activities. For those who cannot come to Hunan in person, there are “Cloud Conferences” with live webcasts; 2D or 3D “cloud exhibitions” and “cloud transactions” that allow visitors to make purchases through e-commerce. Merchandise worth 85 million yuan ($ 13.1 million) for export and around 100 kinds of African products for import are now available on Kilimall and KiliSelect, two e-commerce platforms. Around 386 projects are expected to be booked via the Expo platform.

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[WATCH] Digital jobs in Kenya are paid very well, says the CEO of the Kenya Private Sector Alliance (KEPSA) Thu, 23 Sep 2021 21:27:50 +0000

In an exclusive conversation, Carole Kariuki, CEO of the Kenya Private Sector Alliance (KEPSA) said that digital jobs in Kenya have grown up and now employ millions in Kenya.

At the same time, Carole said that online jobs in Kenya now employ over 1.2 million people, with an average salary of about $ 200 (KES 20,000), while being able to work from the comfort of their home.

Carole’s comments come from the Kenyan government’s study, National Study on Digital and Digitally Enabled Work in Kenya, which found that around 5% of the Kenyan population are online workers.

The survey was conducted by Ajira Digital, an official government program set up to help young Kenyans find job opportunities.

According to Carole Kariuki, CEO of KEPSA, 63% of adults across Kenya are familiar with the gig economy. In addition, 29%, 7.3 million people, knew the Ajira Digital Program compared to 5.5 million (14%) in 2019.



KEPSA is the private sector umbrella and umbrella organization founded in 2003 to bring the business community together with a single voice to engage and influence public policy for a favorable business environment. The Kenya Private Sector Alliance (KEPSA) is a membership organization with limited liability.

With currently over 500,000 direct and indirect members organized through corporate member organizations and corporate members, KEPSA is a key player in defending the interests of the Kenyan business community in the areas of trade, investment and industrial relations.

Some of its premium members are:

  • Airtel Kenya
  • Amazon web services
  • Bamburi cement
  • Bayer East Africa
  • Bidco Africa
  • BOC Kenya
  • Bollore Transport & Logistics
  • Boston Consulting Group
  • British-American tobacco
  • Centum investment
  • Chandaria group
  • Citibank
  • CMC motors
  • Davis & Shirtliff
  • Deloitte Limited
  • DHL
  • East African Breweries (EABL)
  • Ökobank Kenya
  • Facebook
  • G4S Kenya
  • Capital of Genghis
  • Huawei technologies
  • IBM East Africa
  • Kenya Power & Lightning Company (KPLC)
  • KPMG Kenya
  • KTDA
  • Fluid telecommunications
  • Maersk Kenya
  • Microsoft East and Southern Africa
  • Ogilvy PR
  • Pricewaterhouse Coopers (PwC)
  • State of dissolution
  • Safaricom Limited
  • Stanbic Bank
  • About Kenya
  • Vivo Energy Kenya
  • Wells Fargo
  • Wool values


LITERATURE RECOMMENDATIONS: [WATCH] 5% of the Kenyan population are online workers, according to the latest government survey from 2021


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Kenya: Royal Nairobi hosts KPA golf tournament Thu, 23 Sep 2021 15:18:29 +0000

The Nairobi edition of the Kenya Ports Authority (KPA) corporate golf tournament will take place on the par 72 of the Royal Nairobi Golf Club course on Friday.

After two other events held at Machakos and Nyahururu Sports Club, the Friday event usually alternates between some Nairobi golf clubs, the last being held at Karen Country Club.

As the capital, Nairobi is a business center with large customers and interest groups for KPA. It is for this reason that KPA is hosting the events to recognize the business support it has received from the Nairobi-based business community.

The agency also uses the event to network and receive feedback on its business activities. Therefore, the acting KPA Managing Director Ambassador John Mwangemi has an excellent opportunity on Friday to inform the business world about the ongoing projects in the ports of Mombasa, Lamu and Kisumu. to inform on the further improvement of the services to promote the economic growth of the country and the regional hinterland served by the port of Mombasa.

The grand finale of the KPA corporate events takes place in the port city of Mombasa and especially in the centuries-old Mombasa Golf Club, where golfers can enjoy the ships entering and leaving.

Over 200 players have been drawn for the Friday event, including KPA employees, who will compete for special prizes reserved for them.

The Vet Lab Sports Club drew over 200 golfers for the Nyahururu Sports Club fundraiser on Friday, which is supported by a number of corporate organizations including Nation Media Group, CIC Insurance, KenGen, Mofarm, Wintech, Karen Country Club, Vet Lab , Serena Hotels, Abeona, NCA and NCBA Bank.

The fundraiser will benefit the Nyahururu Sports Club golf course project. Located in the town of Nyahururu in Laikipia County, the high altitude golf course has been a nine-hole course over the years.

A few years ago, however, the board of directors and the 369-member general assembly decided to develop an 18-hole course, hence the fundraising campaign on Friday. The association aims to raise Sh25 million for the project.

Down on the coast this weekend, after a long time, the nine-hole course of the Malindi Golf Club comes to life. The North Coast Club will host the Diamonds Dream of Africa Stableford competition, which is about a range of prizes.

The event is open to all golfers from all over the country, with the main prize being two nights at the Sandies Baobab Resort in Zanzibar in all-inclusive for two people.