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HomeDaily NewsMonday, September 15, 2025African Exports to China Rise to Sh512.5bn; Kenyan Meat Processor QMP Expands - September 2025
Business & Economy3 stories from 1 sources

African Exports to China Rise to Sh512.5bn; Kenyan Meat Processor QMP Expands - September 2025

African exports to China increased by 10.2 percent year-on-year to Sh512.5 billion ($39.66 billion) in the first seven months of 2025. This surge was driven by Beijing's removal of tariffs on various products, which significantly boosted agricultural exports from several African nations, including Kenya. In parallel, Kenyan meat processor QMP has announced its expansion into Gulf countries and the Democratic Republic of Congo. A new wave of US investment into Kenya is also expected to create up to 1,000 jobs.

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Monday 2:18 PMCapital Business

New wave of US investment to create up to 1,000 jobs

New wave of US investment to create up to 1,000 jobs
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Key Highlights

A new wave of investment from US financial giants, including Bank of America and Citigroup, is expected to create up to 1,000 jobs in Belfast, Northern Ireland. This investment, totaling over £1.25 billion, reinforces the city's growing reputation as a hub for financial technology.

  • Bank of America will establish its first operation in Northern Ireland, creating up to 1,000 new jobs and designating Belfast as a "key hub" for financial technology and security operations.
  • Citigroup has pledged an additional £1.1 billion investment across its UK operations, further expanding its presence in Northern Ireland, where it already employs over 4,000 people.
  • The investments were announced ahead of President Donald Trump’s state visit to the UK and are seen as a sign of international confidence in Belfast’s workforce and digital infrastructure, according to the UK’s Department for Business and Trade (DBT).
Monday 10:35 AMCapital BusinessFirst

African exports to China jump to Sh512.5bn after tariff removal

African exports to China jump to Sh512.5bn after tariff removal

African exports to China surged by 10.2 percent year-on-year to Sh512.5 billion ($39.66 billion) in the first seven months of 2025, driven by Beijing's removal of tariffs on various products. This policy has significantly boosted agricultural exports from several African nations, including Kenya.

Read Story

Key Highlights

African exports to China surged by 10.2 percent year-on-year to Sh512.5 billion ($39.66 billion) in the first seven months of 2025, driven by Beijing's removal of tariffs on various products. This policy has significantly boosted agricultural exports from several African nations, including Kenya.

  • Kenya's macadamia exports to China are projected to reach 2,000 tons by year-end, with the first batch of 54 tons already shipped.
  • Director-General for African Affairs Du Xiaohui of China's Ministry of Foreign Affairs highlighted the zero-tariff policy's impact on products like Kenyan avocados and Ethiopian Arabica coffee.
  • Goods trade between China and Kenya increased by 11.9 percent in the first quarter of 2025 to 16.13 billion yuan ($2.24 billion), with Kenyan imports growing faster than Chinese exports.
Monday 2:25 PMCapital Business

Kenyan meat processor QMP expands to Gulf countries, DRC

Kenyan meat processor QMP expands to Gulf countries, DRC
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Key Highlights

Quality Meat Packers (QMP), a Kenyan meat processor, is expanding its export operations into Gulf Arab states and the Democratic Republic of Congo (DRC). This move involves significant partnerships to introduce halal-processed meat products to new international markets.

  • QMP signed deals with Lulu Hypermarket and Nesto Group in the Gulf, and Kin Marché supermarkets in the DRC.
  • Managing Director Diamond Velji emphasized placing a Kenyan brand on the global stage.
  • The expansion into the Gulf targets countries including the UAE, Saudi Arabia, Qatar, Kuwait, Oman, and Bahrain, leveraging the region's nearly 85 percent food import dependency.
  • Entry into the DRC through Kin Marché will focus on expanding into Kinshasa, a city with over 15 million inhabitants.
  • QMP's product line includes halal-certified beef, lamb, mutton, and chicken, along with value-added products like cubes and samosas, catering to health-conscious and brand-aware consumers.
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