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Trade Mission to Kenya & Tanzania
Kenya
Kenya has one of Sub-Saharan Africa’s most diverse economies and a rapidly rising population of over 50 million people. Kenya has been successful in attracting U.S. exporters and investors, with many companies establishing local and regional operations to take advantage of Kenya’s strategic location, diversified economy, connected intermodal logistics routes, and well-developed banking, insurance, and legal services. Virginia exports to Kenya were valued at $8.2M in 2023. U.S. companies should consider doing business in Kenya for several reasons:
■ Kenya is a gateway to the East African market and is the economic, commercial, ICT, financial, and logistics hub of the region
■ Kenya has a young, educated, entrepreneurial, and English speaking population possessing high fluency in technology
■ Kenya has an abundant supply of renewable energy (more than 90% of Kenya’s on-grid electricity mix comes from renewable sources)
■ Kenya enjoys a strong bilateral relationship with the U.S., including the Strategic Trade and Investment Partnership that is under negotiation
The top opportunities for Virginia exporters in Kenya include:
■ Agribusiness
■ Education
■ Energy-Electrical Power Systems
■ Healthcare - Medical Devices
■ Infrastructure
■ Information, Communications and Technology (ICT)
Tanzania
With a population of more than 65 million people, Tanzania has one of most diversified and fastest growing economies in Sub-Saharan Africa. Agriculture, mining, and tourism are the major drivers of the country’s economy while sectors such as construction, energy, finance, healthcare, ICT, logistics, manufacturing, and transportation also offer growth opportunities. Tanzania is also one of the most peaceful and politically stable countries in Africa.
Tanzania is focusing on developing local industries and investing in large infrastructure, energy, and agricultural sector development, which present opportunities for U.S. exporters. The private sector is also investing heavily in the mining industry. With a growing middle class in Tanzania, there is also a high level of interest in American consumer products. Virginia exports to Tanzania were valued at $4.4M in 2023.
Top opportunities for Virginia exporters in Tanzania include:
■ Agriculture and Agricultural Processing
■ Construction
■ Energy
■ Healthcare
■ Manufacturing
■ Mining
Registration Deadline
Contact
Frequently Asked Questions
Based on past trade missions, we expect 6-10 Virginia companies to participate. The registration process is ongoing until the trade mission is full or the registration deadline has passed.
The trade mission participation fee is $3,500 per company. The participation fee includes the following:
- Identifying, contacting, and pre-qualifying local distributors, representatives, and/or partners, and organizing your meetings with interested prospects
- A “Doing Business In” briefing on the market(s)
- Your VEDP Trade Mission Leader and in-country consultant on hand during the week to ensure everything runs to plan
- Interpreter (if needed)
All travel expenses, such as airfare, hotels, meals, and individual ground transportation, are paid directly by each participant.
In most cases, you will be traveling independently to the locations of the local companies with which you are meeting. Because most appointments will be held at the companies’ locations, travel and other logistics may prevent each delegate from having a minimum of 3-4 meetings each day of the trade mission.
For travel between meetings, our consultants will recommend the most effective method of transportation. This will likely be a local car/driver.
If required, interpreters will be provided for meetings and are included in your registration fee.
Airline tickets: You book (and pay for) your own airline ticket via a local travel agent or a travel website. If you do not have a travel agent, the Trade Mission Leader can recommend one for you.
Hotels: VEDP will recommend a hotel in each trade mission destination. Each participant is responsible for making their own reservations and paying their own hotel costs. We recommend that all participants stay at the same hotel in order to facilitate logistics and to encourage networking with the group.
Contact your local International Trade Manager or the Trade Mission Leader immediately! We only want you to make the trip if we think there is good market potential for your company. We can perform exploratory market research within a short period of time to verify market potential for you.