Sharp Daily
No Result
View All Result
Monday, October 6, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Kenya rolls out red carpet for Turkish exporters and investors

Judd Mutua by Judd Mutua
September 19, 2023
in News
Reading Time: 2 mins read

The Kenya National Chamber of Commerce & Industry (KNCCI) in collaboration with the Embassy of the Republic of Turkiye and the Turkiye Exporters Assembly (TiM) hosted a delegation of Turkish exporters to strengthen bilateral trade relations. The event was aimed at introducing high-quality Turkish brands to potential Kenyan businesses.Turkiye’s Ambassador to Kenya, Subutay Yüksel, encouraged the Turkish trade delegation to invest in Kenya, doubling down on the the Embassy’s commitment to enhancing trade between the two countries. Chamber President Dr. Erick Rutto highlighted KNCCI’s efforts to boost trade through a Memorandum of Understanding (MoU) with the Turkish Business Council (DEiK), mainly targeted at sharing market intelligence.

Read more: CIPE report recommends policy solutions for Ethiopia’s post-war economic challenges

The Kenya-Turkiye Joint Business Council, hosted by KNCCI, plays a pivotal role in promoting exports and facilitating the exchange of goods and services across various sectors. Dr. Rutto encouraged the delegation to engage in business ventures with Kenya, citing successful examples like Dr. Mattress/Turea Limited.

Abubakar Hassan Abubakar, Principal Secretary for Investment Promotion in the Ministry of Investment, Trade, and Industry, assured the Turkish delegation that Kenya is open, ready, and a safe destination for businesses. He urged them to liaise with the Kenya Investment Authority for seamless business establishment.

RELATEDPOSTS

How public ratings could shift healthcare dynamics in Kenya

September 4, 2025

Kick financial goals: Invest with CMMF this football season

August 22, 2025

“Proud to lead the Kenyan team in expanding our economic horizons with Turkiye. After a productive meeting with a Turkish delegation led by Turkish Ambassador Subutay Yuksel. We are excited for increased investment. Let’s build a brighter future together,” Said the prinicipal secretary in a tweet after the event.

Read more: COTU defends its relevance and impact amid media criticism

Bilateral relations between Kenya and Turkiye have strengthened over the years, facilitated by several agreements and MoUs in areas such as security, trade, finance, technical cooperation, energy, and mining. Last year Turkish investments into the Kenyan economy hit 1 billion dollars.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

CAK suspends Director General Chiloba, names Wambua acting DG

Next Post

Renewable energy demands outpace Africa’s funding

Judd Mutua

Judd Mutua

Judd Mutua is a journalist with wide ranging interests ranging from the world of finance to the latest in tech and business news. Off duty you can find him reading his favorite books and manga. Send tips via jmutua@thesharpdaily.com

Related Posts

News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025
Private equity investment business concept
News

Private equity and insurance

September 4, 2025

LATEST STORIES

The Role of Micro-Pensions Plans in Kenya

October 3, 2025

Understanding the link between international aid and cooperative finance stability in Sub-Saharan Africa

October 3, 2025

Kenya Pipeline Company IPO

October 3, 2025

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025

Kenya’s Regulated SACCOs Cross Trillion Shilling Mark

October 2, 2025

Post-September review: What CMMF did and what’s next

September 26, 2025

Strengthening water utilities through efficiency and accountability

September 26, 2025

Retirement Benefits Schemes Trustee Governance in Kenya

September 26, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024