ABN - Up to 2,000 small business across Kenya are set to benefit from a partnership with the US which will see a host of Kenyan exports enter the American market.
SMEs in Nairobi, Mombasa and Vihiga County will begin exporting their produce, including fruits, fish, coffee, leather products, curios, textile and artifacts into the US under the terms of the MoU.
The partnership is between the Kenya National Chamber of Commerce and Industry (KNCCI) and the Centre of International Private Enterprise (CIPE), an organisation affiliated to the US Chamber of Commerce.
Under the deal, the KNCCI chapters of Nairobi, Mombasa and Vihiga will improve their governance, financial resources and service to members through training, technical assistance and small grants.
“The Nairobi chamber will capitalise on this partnership to foster its brand and enhance services to members,” said the chairman of the KNCCI Nairobi Chapter, Richard Ngatia.
“Already, the Nairobi chamber has signed an MoU with the Nairobi County Government to develop ways of easing doing business, with specific focus on being the voice of small businesses in Nairobi.”
Kenya is the 85th largest goods trading partner with the US, with a total of US$1.5 billion worth of products exchanged between the two countries in 2015.