Kenya manufacturing association signs deal with - sportstextiles: Lea SportsTextiles

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Kenya manufacturing association signs deal with investment hub

04/05/2016
The Kenya Association of Manufacturers (KAM) has signed a Memorandum of Understanding with the East Africa Trade and Investment Hub (the Hub) to help promote trade and investment.

The Hub, which is funded by the US Agency for International Development (USAID), will offer support for policy reform activities and expansion of trading opportunities in line with the African Growth and Opportunity Act (AGOA), which was approved by the US Congress in 2000.

KAM will organise and host trade delegations and promotional activities in order to attract investors. It will benefit various manufacturing sectors including textiles, garments, leather and cotton.

"AGOA offers great opportunities for our local businesses especially the SMEs. It is essential that we build their capacity to enable them leverage this partnership to realise financial sustainability for their businesses. Beyond this we are also looking to diversify our exports through this partnership and increase the competitiveness of various agricultural value chains," said Phyllis Wakiaga, KAM CEO.

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