Venue: KICC, Nairobi, Kenya
Dates: 03rd to 05th October, 2014
Timing: 10 am to 6 pm
Business Visitors Only.
Kenya, a melting port of opportunities is a thriving business centre. With a growing economy, stable socio-political Government and a developed infrastructure in place, Kenya offers corporations the ideal avenue for investments. It Its proximity to the Middle East, Gulf and Europe, together with its easy access to the major ports of the region, enhances its international trade. The country’s economic policy is a free market-oriented one. It aims at paving the way for faster economic development of the country through private enterprise and individual initiatives.
Kenya to become oil producer by 2017
Kenya is expected to join the league of oil producing countries in Sub Saharan Africa by 2017, going by the efforts of UK-listed Tullow Oil and partner, Australia’s Africa Oil Corporation to submit a field development plan (FDP) by 2015. Although the first oil discovery in Kenya was only made 2 years ago by the two oil companies in the North-west of Kenya;
a region called Turkana County, the oil explorers believe production can be started within the next three years.
Biotechnology can enhance food production in Kenya
The recent endorsement of agricultural biotechnology by President Barack Obama through a letter to Julie Borlaug, the granddaughter of Norman Borlaug, the ‘father of the Green Revolution’, is a pointer of how important this technology is in food production and security in the world.
President Obama said that he shares his belief that “investment in enhanced biotechnology is an essential component of the solution to some of our planet’s most pressing agricultural problems,”
New maize varieties given approval in Kenya
The Kenya Plant Health Inspectorate Service (KEPHIS) has approved three new maize varieties that are resistant to the deadly necrosis disease
The Tumaini 1 variety, also known as Type Wei 101, will soon be released to Kenyan farmers and has been deemed suitable to farmers in Bomet, Nakuru and Narok counties as well as areas in the lower eastern part of the East African country.
KEPHIS has bred the new variety in collaboration with the Kenya Agricultural Research Institute (KARI),
Kenyan government to invest US$5.7mn in farming equipment
Farmers in Mandera, Kenya will benefit from new farming machinery and tools to construct irrigation canals, according to agriculture director Bernard Okutu
Agriculture director Bernard Okutu stated that the majority of the US$5.7mn budget for Mandera's agricultural sector will be used to purchase farm machinery and build irrigation canals.
Ecobank Group to strengthen Kenyan subsidiary
Togolese-based Ecobank Transnational Incorporated (ETI) has announced plans to revamp its operations in Kenya by injecting fresh capital. The idea is to make Ecobank Kenya, the group’s hub in the East Africa region. This comes at a time when Ecobank Kenya, is gaining its foothold in Kenya after acquiring the former East African Building Society (EABS).
Researchers devise aflatoxin test kit for Kenyan farmers
Researchers at Egerton University in Kenya have collaborated with the University of Colorado to develop a simple aflatoxin kit that will help farmers in the field control food poisoning
The project, funded by the Bill & Melinda Gates Foundation, has allowed researchers to create a simple kit which will allow farmers to carry out tests on their grains before marketing to ascertain quality.
“The procedure involves crushing grains and then mixing with ethanol.
Kenya ranks high in attracting foreign direct investment
Kenya ranks among the leading Foreign Direct Investment (FDI) destinations in Africa, the United Nations Conference on Trade and Development Secretary General Mukhisa Kituyi has said.
Dr Kituyi said Nigeria and Ethiopia complete the list of the most attractive investments destinations for foreign capital on the continent.
