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The Department of Trade and Industry (the dti) will lead an Outward Selling and Investment Mission to Nairobi, Kenya and Dar es Salaam, Tanzania from 26-30 June 2017. The objective of the mission is to increase trade and investment between South Africa, Kenya and Tanzania.

Twenty-seven companies in the agro-processing, automotive, infrastructure, built environment, mining and capital equipment, chemicals, plastics and cosmetics sectors will be part of the mission. Twenty of the companies have received assistance from the dti through its Export Marketing and Investment Assistance (EMIA) scheme, while seven are funding themselves. One of the objectives of the scheme is to Increase export market access for South African products and services. The programme for the mission will include business seminars, site visits, mini exhibitions, and business-to-business meetings.

According to the Minister of Trade and Industry, Dr Rob Davies, the mission will strengthen the already existing cordial relations between South Africa and both Kenya and Tanzania, respectively.

“Furthermore, the missions will honour commitments made by President Jacob Zuma during the state visits to Kenya in October last year, and Tanzania last month to strengthen relations and explore investment and trade opportunities in two countries. The mission is also in line with the dti’s strategic outcome-oriented goal of building mutually beneficial regional and global relations, in order to advance South Africa’s trade, industrial policy and economic development objectives,” says Minister Davies.

He adds that the mission will enable the South African companies to identify trade and investment opportunities Kenya and Tanzania and to interact with businesspeople and consider ways in which cooperation, partnerships and joint-ventures could be established in order to explore these opportunities.

“The mission is also part of the dti’s integrated national export strategy aimed at developing new markets for South Africa’s value-added and manufactured goods, and services with an emphasis on Africa and the emerging markets. the dti is happy to be providing a platform that will bring businesspeople from South Africa with their counterparts from the two countries together to discuss ways in which they can contribute meaningfully in increasing trade and investment between our countries,” adds Minister Davies.
 

Issued by The Department of Trade and Industry