Agribusiness opportunities in Kenya’s high-growth Markets

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Key Agribusiness Developments

Kenya’s Agricultural productivity levels are considered to account for one of the highest – within the EAC (East African Community) region. In terms of exports, the sector accounts for 70% of output, therein. As per employment levels, the sector employs an estimated 85% of the rural workforce. Currently, the sector attracts approximately 20% of FDI (Foreign Direct Investment) within the region – a development that further enhances its commercial attractiveness. Viable Business Opportunities within this sector include:

Agro-processing

• Commercial Irrigation
• Grains milling and marketing (maize and wheat), sugar, dairy, fruits (mangoes, pineapples and oranges), poultry, pigs and oil crops (sunflower, sesame, canola and groundnuts)

Light manufacturing

• Construction materials
• Agricultural machinery and equipment
• Plastic and packaging industry
• Leather industry
• Pharmaceuticals and animal feeds

Market Overview

Economically, Kenya adopts a market-based economy, representing the largest and most advanced economy in East and Central Africa. Its GDP accounts for more than 50% of the regions total. Current estimates project the country’s GDP to increase to 5.6% in 2018 – and 6.2% in 2019, respectively. Kenya is recognised as the key logistical conduit into the East African Community’s (EAC) regional market, consisting of: Tanzania, Uganda, Rwanda, Burundi and South Sudan. As a result, a number of foreign companies establish their regional headquarters in Kenya.

Further information:

Expressions of interest should be addressed to:

Rolex O. Owino
Business Development Director
Email: rolex.owino@africansv.com
Tel.: +358504339619