Trade Not Aid For Africa

Trade is the  major driver for growth and development in an economy.

Here are a few benefits that will help you maximize opportunities to expand regionally & globally; 

  • Nairobi is the transportation hub of Eastern and Central Africa and the largest city between Cairo and Johannesburg. The Port of Mombasa is the most important deep-water port in the region, supplying the shipping needs of more than a dozen countries.
  • Kenya is a member of the East African Community (EAC) with a population of approximately 145 million. It is also a member of the Common Market for Eastern and Southern Africa (COMESA) with a population of approximately 400 million. Exports and imports within member countries enjoy preferential tariff rates. EAC Member States have signed a Protocol to establish a common Customs Union.
  • Exports from Kenya entering the European Union are entitled to duty reductions and freedom from all quota restrictions. Trade preferences include duty-free entry of all industrial products as well as a wide range of agricultural products including beef, fish, dairy products, cereals, fresh and processed fruits, and vegetables.
  • Kenya qualifies for duty free access until 2025 to the U.S. market under the African Growth and Opportunity Act. Some of Kenya's major products that qualify for export under AGOA include textiles, apparels, and handicrafts.
  • The Government has established the Manufacture Under Bond programme that is open to both local and foreign investors. Enterprises operating under the programme are offered the following incentives: Exemption from duty and VAT on imported raw materials and other imported inputs; and, 100 per cent investment allowance on plant, machinery, equipment and buildings.

 

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About Us

Ignite Trade Africa, provides you with the knowledge and practical advice on regional markets to help you make better, timelier and cost-effective decisions in order to achieve your business goals in Africa.

Contacts

For more information about ITA, our events or for general enquiries:

Jacaranda Brook, off. Kiambu Road,
P.O. Box 50245 - 00100, Nairobi, Kenya

Call Us:
(+254) 705 761 110 / 733 761 110

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