Login

Lost your password?

Sign Up

Register

Login

Login

Lost your password?

Register

Sunday, August 14, 2022
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion

Africa's
Investment
Gateway

The Exchange
  • Login
  • Register
Subscribe
This Month's Edition
Previous Editions
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
No Result
View All Result
The Exchange
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
No Result
View All Result
The Exchange
LOGIN
Canadian companies have pitched tent in Kenya as they seek to seal business deals and investments in the East Africa economic powerhouse. Canada has said it is interested in expanding and deepening its trade and investment relationship with Kenya.Kenya Private Sector Alliance is leading Kenyan companies to forge partnerships that will ensure mutual benefit.

Canada-Kenyan flags. Canada has said it is interested in expanding and deepening its trade and investment relationship with Kenya.

Team Canada lands in Kenya for business deals in African mission

Canada has indicated that it is interested in expanding and deepening its trade and investment relationship with Kenya.

by Chacha Mwita
October 17, 2018
in Countries
0
Share on FacebookShare on LinkedIn

NAIROBI,KENYA, OCTOBER 16 — A group of Canadian companies has pitched tent in Nairobi as they seek to seal business deals and investments in the East Africa economic powerhouse.

This comes as Canada remains keen in expanding and deepening its trade and investment relationship with Kenya.

The firms are eyeing investments in renewable energy, Oil and gas sector including geophysical surveys,Water, ICT ,Lifesciences and  airport construction companies among others.

Kenyan businesses, led by the Kenya Private Sector Alliance (KEPSA), are also keen to forge partnerships that will ensure mutual benefit for both countries.

“It is our hope that this upcoming business delegation to Kenya will act as one of the stepping stones towards deepening this relationship,” Kepsa said in a communiqué.

KEPSA and the High Commission of Canada lead the two countries’ business delegations to a networking event in Nairobi on Monday, creating an opportunity for the teams to share business ideas and investment opportunities.The event was held at the Trademark Hotel, Village Market.

“Canada is interested in expanding and deepening its trade and investment relationship with Kenya,” the High Commission of Canada’s office in Nairobi affirmed.

The visit to Kenya is part of a mission dubbed “2018 Team Canada Mission to Africa” which is targeting investment and business opportunities in the continent.

The mission brings together companies and educational institutions from Canada, Africa based institutions and Kenyan companies.

They include Alberta, ATCO Frontec Limited, C4i Training and Technology, GEOSEIS Inc., Ingeni Inc, Intercontinental Consultants Inc. and Kamit Group, a leading provider of “one stop shop” professional services for construction sectors and complex process industries.

Others are Southern Alberta Institute of Technology, Western Frac Vap Inc., Canadian International Resources and Development Institute (CIRDI), Manitoba Hydro International – MHI, Sandgeo, BluWave Inc. (BluWave-ai), The Humber Institute of Technology and Advanced Learning, Quebec, BFK International and DERA : Développement Énergie Renouvelable Afrique inc.

Also participating in the mission is Renewable Energy Development Africa inc., Intelcan Technosystems, InnuScience, Joli-Cœur Lacasse, Lasalle | NHC, Momentum Technologies, Optel Group, Ozymes Inc., PAL TI Solutions and Tugliq Energy Corp.

They have backup from Opportunities New Brunswick (ONB), Ontario and the MAPP Africa platform which promotes and connects Africa to Canada.

Renewable Energy Technology,a Canadian-Ethiopian company is also participating in the events. The firm is keen to operate in Africa by developing partnerships between Canadian and African partners.Also in the mission is the Global Affairs Canada.

The Canadian Trade Commissioner Service (TCS) is backing the African mission. TCS helps companies navigate the complexities of international markets and make better business decisions.

It has presence in more than 160 cities worldwide where it gains market intelligence, uncover opportunities for Canadian companies and help reduce business costs and risks.

The mission comes barely a month after President Uhuru Kenyatta met Canadian captains of industry who assured him of their continued appetite to invest in Kenya.

During the September meeting, Kenyatta held talks with over 25 business executives, including a recent investor- David Kay, whose Tenor Capital company has invested US$ 300 million in the renewable energy in Kenya.

The Canadian business community expressed their desire to partner with the Kenyan government in achieving President Kenyatta’s ‘Big 4’ pillars of development.

READ:Canadians too want a share of the Kenyan Cake

 

Tags: 2018 Team Canada Mission to AfricaAfricaAlbertaATCO Frontec LimitedBFK InternationalBluWave Inc. The Humber Institute of Technology and Advanced LearningC4i Training and TechnologyCanadaCanadian International ResourcesCanadian Trade Commissioner Service (TCS)DERA : Développement Énergie Renouvelable Afrique inc.DevelopmentGEOSEIS Inc.Global Affairs CanadaIngeni IncInnuScienceInstitute (CIRDI)Intelcan TechnosystemsIntercontinental Consultants Inc.Joli-Cœur LacasseKamit GroupKenyaKenya Private Sector Alliance(KEPSA).Lasalle | NHCManitoba Hydro International – MHIMAPP AfricaMomentum TechnologiesNew Brunswick (ONB)OntarioOptel GroupOzymes Inc.PAL TI SolutionsQuebecRenewable Energy Development Africa inc.Renewable Energy TechnologySandgeoSouthern Alberta Institute of TechnologyTrademark HotelTugliq Energy Corp.Village MarketWestern Frac Vap Inc.

STATE OF ECONOMY - GET THE REPORT

ASSESSING EAST AFRICA

Loading...

Chacha Mwita

Chacha Mwita is a business reporter based in Kenya. He covers equities, capital markets, trade and the East Africa economic developments.

Related Posts

Illegal fishing threatening sector development. Photo/Localnews.com
Countries

Foreign investment, plus or minus to Tanzania fishing sector?

August 13, 2022
Mozambican President Filipe Nyusi announces measures to stimulate the economy, and tax cuts. www.theexchange.africa
Countries

Mozambique’s 22% tax cuts among 20 measures for economic acceleration

August 13, 2022
From three landfill sites, more than 70MW of power will be generated enough to power 185,000 homes, and then sent to the national grid. www.theexchange.africa
Countries

Harare cancels waste-to-energy deal with Netherlands-based company

August 11, 2022
Next Post
The Big 5 Construct East Africa symposium at the KICC in 2016. The National Construction Authority (NCA) and the National Environment Management Authority (NEMA) say they will now focus more on educating Kenyans on the necessary legal requirements to avoid demolitions www.exchange.co.tz

NEMA, NCA will educate Kenyans to avoid property demolitions

Nairobi Security Exchange (NSE) trading

NSE companies with high corporate governance outperform peers in share price

Africa’s tourism sector recorded a strong performance in the first half of the year, latest industry data by the United Nations World Tourism Organisation (UNWTO) shows. This comes amidst a six per cent growth in international tourist arrivals. UNWTO latest barometer shows the continent’s tourism sector recorded a four per cent growth. North Africa recorded the highest growth of 6.9 per cent while SubSahara recorded a 2.7 per cent growth.

Africa records strong performance as global tourism grows by 6 per cent

Please login to join discussion




This months edition

Features

The leaders of the BRICS nations meet at the group’s summit in Osaka in June 2019. Concerns are India might pull out of the group over tensions with China. (Photo/ Reuters)
Countries

What does Russia’s invasion of Ukraine mean for Southern Africa?

by Albert Nangara
August 3, 2022
0

When the United Nations General Assembly voted overwhelmingly on March 2 to condemn Russia’s invasion of Ukraine, African countries accounted...

Read more
Logistics and transport startups will play a major role in enabling Africa’s largest free-trade area (Photo/ Quartz Africa)
Industry and Trade

Trends shaping the future of logistics in African markets

by Albert Nangara
August 3, 2022
0

Digitization of logistics and compliance with sustainability policies will shape the future of logistics in African markets. Digitalization involves the...

Read more
Biometric systems are expected to lead the market for airport security systems in growth over the next five years, as the market increases at an 8 per cent CAGR through 2024 (Photo/ Biometric Updates).
Tech & Business

Machine learning, Artificial Intelligence changing Africa’s Airports

by Albert Nangara
August 2, 2022
0

According to Frontiers, AI has been recognized to have a wide potential to reduce human workload or increase human capabilities...

Read more
www.theexchange.africa/
Investing

ESG global mining and the social license

by Laurence Sithole
August 2, 2022
0

In terms of achieving net zero carbon emissions, the largest mining companies in the world have several options – each...

Read more
Some of the group members learning the components of the new briquette making machine. The machine can produce 500 briquettes per day. www.theexchange.africa
Investing

Reusable, organic charcoal: Answer to Africa’s cooking fuel challenges

by Njenga Hakeenah
August 2, 2022
0

United for Green is working to ensure that Africans do not get to these extremes. By empowering women, the plan...

Read more

News

Banking
Industry & Trade
Investing
Money Deals
Regional Markets
Tech & Biz
Opinion

Countries

Kenya
Tanzania
Uganda
Burundi
Rwanda
Southern Africa
Ethiopia

More

My Account
Contact us
Advertise
About us
Help Center

Subscribers Center

E-paper
Premium Stories
Education Rates
Corporate Subscriptions
Weekely Newsletter

  • My account
  • About us
  • Advertise
  • Contact
  • Privacy Policy
  • Refund Policy – The Exchange
  • Sitemap

No Result
View All Result
  • Home
  • Banking
  • Industry & Trade
  • Investing
  • Money Deals
  • Regional Markets
  • Tech & Biz
  • Countries
  • Opinion
  • Login
  • Sign Up
  • Cart

© 2021 The Exchange - Powered by MediapixManaged by Supported by Digihandler,

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In