19 February 2018

Kenya Seeks to Bridge Trade Deficit With Morocco

Nairobi — The Kenya National Chamber of Commerce & Industry is seeking to bridge the trade deficit between Kenya and Morocco and grow trade between the two countries.

Currently, total trade between Kenya and Morocco stands at Sh40.1 billion, where trade is in favour of Morocco at Sh39.8 billion in imports against Sh415.1 million worth of Kenya's exports into the country.

KNCCI CEO Angela Ndambuki says the Chamber is committed to promoting commercial exchanges that will encourage the supply of market information and facilitate business networking opportunities for both parties.

Kenya's exports to Morocco include tea, mate, fruits, nuts, vegetable textiles and telecommunication equipment among others.

On the other hand, Kenya's imports include fertilizers, petroleum oils, synthetic fibres, textiles, medicaments and television receivers among others.

"Kenya needs to tap into Morocco's market and export more of tea and coffee as they are the best products in the world," Ndambuki said. She was speaking during a visit to the Kingdom of Morocco for a business delegation.


Governor Obado's Supporters Demand His Release

A group of Governor Okoth Obado's supporters in Migori County took to the streets on Sunday to demand his release from… Read more »

See What Everyone is Watching

Copyright © 2018 Capital FM. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 600 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.