Kenyan small business to access US market via new deal

21 Dec '17

1 min read

The Kenya National Chamber of Commerce and Industry (KNCCI) and the Centre of International Private Enterprise (CIPE), an organisation affiliated to the US Chamber of Commerce, have recently signed an agreement that will help over 2,000 small businesses in Nairobi, Mombasa and Vihiga counties venture into the US market by December next year.

Kenyan small and medium enterprises (SMEs) can export fruits, fish, coffee, leather products, curios, textile and artifacts, a Kenyan newspaper reported citing the memorandum of understanding.

The KNCCI chapters of Nairobi, Mombasa and Vihiga will improve their governance, financial resources and service to members through training, technical assistance and small grants. More county chambers will join the initiative later.

Vihiga and Mombasa County chambers will also use the partnership to grow their membership services and enhance policy development to support businesses in their respective counties.

Kenya is the 85th largest goods trading partner with the United States, with a total of $1.5 billion worth of products exchanged between the two countries in 2015, according to the Office of US Trade Representative

Kenya exports woven apparel, knit apparel, coffee, tea, edible fruits and macadamia nuts. (DS)

Fibre2Fashion News Desk – India

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