Kenya
Opportunities in Kenya for Swedish companies
Kenya is the largest and the most advanced economy in East and Central Africa; with strong growth prospects supported by an emerging, urban middle class and an increasing appetite for high-value goods and services.
Kenya has the second largest population within the EAC at 43 million and is growing at a rate of 2.7 per cent per annum. There is a rising trend towards urbanization, which is contributing to an increase in consumer demand for high value goods. This trend is forecasted to continue, with 50 per cent of the population expected to live in urban areas by 2050.
The size of Kenya’s middle class is growing as evidenced by the growth in its gross national income per capita, which has increased at a CAGR of 2 per cent over the past 10 years.
Opportunities
Investment opportunities
Due to the transformative Kenya Vision 2030 and the newly devolved governance system, Kenya boasts significant investment opportunities – ranging from small and medium scale developments to mega projects – across all sectors and in different parts of the country. Opportunities can be found in areas such as: Energy, ICT, Transport, Agriculture, Health, Education, Tourism, Water, Manufacturing, and Finance.
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