On April 26, the Hub signed a memorandum of understanding (MOU) with the Kenya Association of Manufacturers (KAM) to support Kenyan businesses, particularly small and medium-sized enterprises, to increase their capacity to take advantage of duty-free trade with the U.S. through the African Growth and Opportunity Act (AGOA).
“AGOA offers great opportunities for our local businesses especially the SMEs. It is essential that we build their capacity to enable them leverage this partnership to realize financial sustainability for their businesses. Beyond this we are also looking to diversify our exports through this partnership and increase competitiveness of various agricultural value chains,” said Ms. Phyllis Wakiaga, KAM Chief Executive Officer.
In partnership, the Hub and KAM will host trade and investment delegations and support policy initiatives that attract investment to the region, particularly in the textile and garment, leather and leather products, agro processing, horticulture, ICT and cotton sectors.
To find out more about KAM, visit www.kam.co.ke