Kenya and the European Union have signed a long-negotiated trade agreement to increase the flow of goods between the two markets, as Brussels pursues stronger economic ties with Africa.
In Kenya, it focusses on public and private investments in the green and digital transitions, to help reach the country’s full economic potential and to mitigate the effects of climate change. The EU is the largest destination for Kenyan exports, with a value of €1,3 billion in 2021.
The EU and Kenya are committed to the Sustainable Development Goals (SDG) of the 2030 Agenda and to the Paris Agreement on climate. The European Union has a long-standing partnership with Kenya, which is comprehensive and encompasses the economic, security, political and social sectors.
The EU is the largest destination for Kenyan exports, with a value of €1,3 billion in 2021. The production of goods exported to the EU sustains more than 500.000 jobs in Kenya. The EU Multiannual Indicative Programme (MIP) for Kenya covers the period 2021-2027 and allocates €324 million for 2021-2024.
The 27-nation bloc accounts for more than 20 percent of Kenya's overall exports, according to government data, mainly agricultural products, including vegetables, fruits and the country's famous tea and coffee. Total two-way trade between the markets hit €3.3 billion in 2022, up 27 percent since 2018, according to EU figures.
Kenya signs economic partnership deal with European Union
Kenya and the European Union (EU) have concluded negotiations on their Economic Partnership Agreement (EPA), paving the way for the final stage before Kenyan exports are granted unhindered access to the EU market.
Kenya makes its first export under the AfCFTA agreement
A consignment of Kenyan Exide batteries worth USD 77,000 was set to be released yesterday in Tema Port, Ghana, in a historic ceremony that marked Kenya''s first exports under the Africa Continental Free Trade …
AceleAfrica
AceleAfrica, a pioneering advanced lithium battery developer headquartered in Nairobi, is dedicated to accelerating the Africa transition towards cleaner, renewable energy sources. Phone : +254 105477143
Kenya, EU ink ''historic'' trade deal
The Economic Partnership Agreement will give Kenya duty-free and quota-free access to the EU, its biggest export market, while European goods will receive progressive tariff reductions. The agreement is the first broad trade deal between the EU and an African nation since 2016 and follows a spending spree by China on lavish ...
Sustainability rules for batteries and waste batteries
Regulation (EU) 2023/1542 of the European Parliament and of the Council of 12 July 2023 concerning batteries and waste batteries, amending Directive 2008/98/EC and Regulation (EU) 2019/1020 and repealing Directive 2006/66/EC (OJ L …
EU lawmakers endorse economic partnership agreement with Kenya
Some 366 EU lawmakers voted in favour of the EU-Kenya Economic Partnership Agreement (EPA) which was rejected by 86 members, while 56 members abstained, the …
Kenya signs economic partnership deal with European …
Kenya and the European Union (EU) have concluded negotiations on their Economic Partnership Agreement (EPA), paving the way for the final stage before Kenyan exports are granted unhindered access to the …
Kenya
The EU is the largest destination for Kenyan exports, with a value of €1,3 billion in 2021. The production of goods exported to the EU sustains more than 500.000 jobs in Kenya. The EU Multiannual Indicative Programme (MIP) for Kenya covers the period 2021-2027 and allocates €324 million for 2021-2024.
Ruto
The deal sets the pace for trade liberation, offering tariff-free quota-free access of Kenyan exports to the European Union. "It assures us of an expanded, lucrative and sustainable market, enhancing trade and investment …
KENYA''s EXPORT TO THE EU TO INCREASE
Kenya''s exports to Europe is set to expand following the signing of the European Union Economic Partnership Agreement (EPAs). The deal sets pace for trade liberation, offering tariff-free quota-free access of Kenyan exports to the European Union. "It assures us of an expanded, lucrative and sustainable market, enhancing trade and investment …
EU President expected Monday in Nairobi to sign Economic …
The EU''s imports from Kenya amount to €1.2 billion and are mainly vegetables, fruits, and flowers. EU''s exports to Kenya amount to €2.02 billion and are mainly in mineral and chemical products and in machinery. The EU is Kenya''s first export destination, with 16% of its total exports in 2022, followed by Uganda (12%) and USA (8% ...
Kenya Ships First Batches of Batteries, Tea Under AfCFTA Pact
Associated Battery Manufacturers Limited in Nairobi exported its first locally made batteries to Ghana a few weeks ago. Finance manager Nixon Paloma said the company, which specializes in...
How CBAM threatens Africa''s sustainable development …
If – as the EU envisages – CBAM''s coverage expands in future, the impact on African economies could be more substantial. In a hypothetical model where CBAM is applied to all imports, CBAM reduces total exports to …
List Of Top Avocado Exporters In Kenya
13. Key Export Company Limited. It exports fresh fruits from Kenya, specialising in growth and export mainly to the Middle East and European market. The company exports products such as avocado, onions, bananas, apple mango, and potatoes. Location: Off North Airport Road, Nairobi. Contacts: 0722 999 976, 0734 999 976. 14. Avocado Society of …
Inside the Kenya–EU ''partnership of equals'' trade deal
Kenya will progressively allow more imports from the EU into its market. An EU official terms the trade agreement with Africa''s seventh largest economy "a partnership of equals". Under the Kenya-EU trade deal, Nairobi''s exports to …
EU, Kenya sign landmark trade deal hailed as beginning of ...
Kenya and the European Union have signed a long-negotiated trade agreement to increase the flow of goods between the two markets, as Brussels pursues stronger economic ties with Africa.
EU-Kenya Joint Communiqué
EU-Kenya Joint Communiqué. Today marks the conclusion of negotiations on the EU-Kenya Economic Partnership Agreement in Nairobi by European Commission Executive Vice-President and EU Trade Commissioner Valdis Dombrovskis and Cabinet Secretary of Kenya''s Ministry of Investments, Trade and Industry, Hon. Moses Kuria, HSC, in the presence …
Kenya Ships First Batches of Batteries, Tea Under …
Associated Battery Manufacturers Limited in Nairobi exported its first locally made batteries to Ghana a few weeks ago. Finance manager Nixon Paloma said the company, which specializes in...
EV battery recycling chaos alert as EU waste rules loom
January 18, 2024: EV lithium battery recycling activities in Europe risk grinding to a halt within months, shaking investor confidence in the sector, if new waste classification rules come into force, Batteries International has learned. Proposed EU regulations designating lithium black mass as hazardous waste — which could limit its storage before processing to just six months …
EU, Kenya sign landmark trade deal hailed as …
Kenya and the European Union have signed a long-negotiated trade agreement to increase the flow of goods between the two markets, as Brussels pursues stronger economic ties with Africa.
How to ship batteries internationally
How to pack and ship dry batteries and nickel-metal hydride batteries Dry cell batteries include alkali-manganese, zinc-carbon, nickel cadmium and other solids. They are sealed and non-vented and therefore less …
Inside the Kenya–EU ''partnership of equals'' trade deal
Kenya will progressively allow more imports from the EU into its market. An EU official terms the trade agreement with Africa''s seventh largest economy "a partnership of …
EU lawmakers endorse economic partnership agreement with Kenya
Some 366 EU lawmakers voted in favour of the EU-Kenya Economic Partnership Agreement (EPA) which was rejected by 86 members, while 56 members abstained, the statement said. The pact will ensure Kenya''s largely farm produce exports continue to access the EU markets duty- and quota-free.
Delegation of the European Union to Kenya | EEAS
delegation-kenya@eeas ropa +254 20 280 2000 . Dunhill Towers, 115 Waiyaki Way, Westlands Nairobi . P. O. Box 45119, 00100 GPO Nairobi . Monday to Thursday: 7 am – 12 noon and 1 pm – 4 p.m . Friday 7 am – 1:30 p.m
Kenya makes its first export under the AfCFTA agreement
A consignment of Kenyan Exide batteries worth USD 77,000 was set to be released yesterday in Tema Port, Ghana, in a historic ceremony that marked Kenya''s first exports under the Africa Continental Free Trade Area (AfCFTA) agreement.
EU and Kenya sign trade deal in Nairobi in a move to …
In 2014 the EU and the EAC (then comprising Kenya, Rwanda, Uganda, Burundi and Tanzania) reached a trade deal but only Nairobi ended up ratifying it. Daily newsletter Receive essential ...