{{Companies from across Brazil were on hand to showcase their products and services at the Eastern Africa Expo 2013 held at the Safari Park Hotel in Nairobi, Kenya, in late July}}<\/p>\n
The expo provided a platform for business opportunities in the technology, agriculture, infrastructure, pharmaceuticals, housing, finance and fuel sectors in the East Africa region.<\/p>\n
Brazil has, over the last few years, been seeking business investment opportunities in eastern Africa, with trade volumes between Kenya and Brazil standing at US$306mn in the 2011\/12 financial year.<\/p>\n
Brazilian aircraft maker Embraer has recently signed deals with Kenya Airways and supplied a number of planes for the airline\u2019s regional market expansion.<\/p>\n
“Kenya is Brazil\u2019s fifth largest trade partner in Africa with transactions in agriculture and aviation. We see the country as the entry point for expansion to other African markets\u201d, observed Marcela Nicodemus, Brazil\u2019s ambassador to Kenya while addressing delegates at the exhibition.<\/p>\n
With a population of more than 200mn, Brazil has emerged as one the fastest growing nations in the world. It is the world’s leading producer and exporter of coffee, sugar, ethanol, fruit juices, soya, beef, chicken, tobacco and leather.<\/p>\n
Kenya has been eager to tap into this emerging potential having recently signed agreements in bio-diesel, bio-ethanol and power co-generation with Brazilian authorities and companies.<\/p>\n
Kenya\u2019s industrialisation secretary Adan Mohammed remarked, \u201cBrazilian firms should tap into existing investment opportunities in renewable energy. There is available expertise considering that Brazil produces the bulk of its electricity from biofuels.\u201d<\/p>\n
Agreements have also been signed for agricultural mechanisation programme on crop research and developments focused on agribusiness, fisheries and marine culture technology.<\/p>\n
Agreements have also been reached on HIV\/AIDS and malaria prevention and control, and institutional strengthening of the Kenya Wildlife Services, Kenya Airports Authority and Nairobi County.<\/p>\n
\u201cEffort should be made to establish direct flights between Brazil and Nairobi. This will significantly increase economic and commercial exchange between the two regions\u201d, observed Mohammed.<\/p>\n
Speaking during the expo, Andre Luis Fodi, an export supervisor with packaging firm and baling machines manufacturer Indumak Company, said, \u201cWe have been in contact with a Kenya dealer after studying the local market. There is potential for our products.”<\/p>\n
Indumak is one of the largest in Brazil packaging 90 per cent of the country’s sugar and 75 per cent of its rice, with an annual turnover of US$30mn, and operations in Egypt and Nigeria.<\/p>\n
Another Brazilian firm Perfilline, a maker of construction panels, plans to enter the market by the end of December 2013.<\/p>\n
The expo also provided an opportunity for expansion into the larger East African Community market (EAC). With a population of about 140mn and a GDP per capital of $732, the EAC market offers plenty of opportunities for Brazilian companies, and can act as a gateway to the eastern and southern African nations of South Sudan, Ethiopia, Zambia, Malawi and DR Congo.<\/p>\n
{africanreview}<\/p>\n","protected":false},"excerpt":{"rendered":"
{{Companies from across Brazil were on hand to showcase their products and services at the Eastern Africa Expo 2013 held at the Safari Park Hotel in Nairobi, Kenya, in late July}} The expo provided a platform for business opportunities in the technology, agriculture, infrastructure, pharmaceuticals, housing, finance and fuel sectors in the East Africa region. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[99],"byline":[170],"hashtag":[],"class_list":["post-9493","post","type-post","status-publish","format-standard","hentry","category-business","tag-greatlakesnews","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":null,"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/9493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=9493"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/9493\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=9493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=9493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=9493"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=9493"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=9493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}