West Midlands companies are being offered help to export their
way out of the recession with a £600 grant to research
opportunities in the East African market.
Birmingham Chamber of Commerce and Industry (BCI) is organising
the marketing mission for businesses which runs from 3-14 November
this year.
Kenya, Uganda and Ethiopia, are an important hub for British
companies and the UK has been Kenya's most significant trading
partner since it gained independence in 1963. Over sixty UK
companies already have operations in Kenya and investments are
estimated to be worth £1.5bn.
This year, the World Bank has almost doubled its financial
commitments to help stimulate developing economies and there is an
abundance of opportunities in a variety of sectors.
Two of Kenya's fastest growing markets are horticulture and
telecommunications as well as education and training, financial
services and healthcare.
Ethiopia has been granted funds for reconstruction and
development by the World Bank and the European Union, providing
opportunities for companies to offer consultancy work to implement
these projects.
Uganda is a growing market and UK companies can find
opportunities in agriculture, power, education and skills, oil and
gas.
The Tanzanian economy is dominated by agriculture, but UK
companies can find opportunities in telecommunications, IT, energy,
mining, infrastructure, healthcare, agriculture, education and
tourism.
Companies are also invited to stay on after 14 November to
explore opportunities in Dar es Salaam, Tanzania.
Organised in conjunction with the British High Commissions and
the UK Trade & Investment offices in Nairobi, Kampala, Addis
Ababa and Dar es Salaam, companies will have the support of UKTI
overseas to arrange meetings with potential customers in these
markets.
For further information on the grant towards travel and
accommodation and a copy of the information pack, companies can
contact Alison Hawkins on 0121 607 1845 or email a.hawkins@birminghamchamber.org.uk