Porsche returns to Kenya due to expanding economy
The luxury auto brand is returning to the market after seven years of absence, according to Steffen Fleck, network development director for Porsche Middle East and Africa.
Fleck said the carmaker did an “analysis and, based on Kenya’s strong micro-finance indices, which indicate the economy will register a 5 percent annual growth this year, we decided to set up a base here.â€
The African Development Bank predicts an economic growth of 6% in Kenya this year, adding to the expansion that has been rolling for the past two decades, which has helped increase wealth in East Africa’s largest economy. Porsche will sell its vehicle in the region with a local partner called Multiple Group, a Kenyan transport company.
A Grant Garden Machinery Fair to happen in next May
With the support of government and sponsored by Guangdong Association of Landscape Architecture, 7th Guangzhou Int’l Garden Machinery Fair (GMF 2015) , which will be held in China Import and Export Fair (Area B) from May 9th to 11th, 2015. GMF sincerely invite worldwide professionals to attend the show and enjoy the industry feast together!
According to China State Council, government notices on Enhancing Urban Greening explicitly, which stipulates that greening plays an important part in urban landscaping, and we should exert great efforts on this field and improve ecological environment.
Construction boom brightens future for East Africa
It is a ‘boom’ as many people are describing the growth of East Africa Construction industry. Many investors have taken the advantage of the boom by shaking off their pockets to invest in skyscrapers, shopping malls, roads, schools, hospitals etc.
Both private and public sectors are in a hurry trying to satisfy the rising middle class and regional integration, and the E.A. governments still have the high stake in the sector.
Jumia Kenya launches online marketplace
Jumia Kenya recently launched Online Marketplace that will empower small, medium and large business enterprises by allowing them to sell their products directly to the company’s large customer base. The platform which operates on familiar criteria, where sellers decide what to sell, at what price, upload a picture of the item and create a description of the product before the product goes live on the company’s website www.jumia.co.ke. This is meant to transform your local shop into a national shop and ensure wider reach and audience.
