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Industry News

Kenya Struggles to Reform Coffee Sector

Coffee production in Kenya has been near the top of the country’s economic and political agenda since 2017 when the ‘Big Four’ agenda was unveiled by President Uhuru Kenyatta. It will be his legacy when he leaves office in 2022. The 2017-2022 strategy for Kenya’s coffee sub-sector is focused on the revival, strengthening and adequate […]

Housing, Furniture Boom to Drive Kenya’s Wood Coatings Market

The future of Kenya’s wood coatings market looks promising despite persistent challenges in the country’s wood and wood products supply chain, which is characterized by increasing demand against a diminishing supply that could impact the overall demand for wood finishes in the East Africa country. There is growing optimism in the future performance of the […]

Investors given incentives in Konza Smart City

The Principle Secretary (PS), ICT and Innovation, Mr. Jerome Ochieng, has said the government has provided incentives in Konza Technopolis to attract ICT investment in the techno city. Speaking in Konza Technopolis at a Conference for financiers and investors, Mr. Ochieng said that the government has provided land, clean water and high voltage power connection […]

Kenya construction machinery and equipment market

Since independence in 1963, Kenya has gradually become one of Africa’s fastest growing economies. According to the Global Infrastructure Outlook Report released by the G20 in July 2017, in order to achieve the United Nations Sustainable Development Goals, Kenya will need US $206bn for infrastructure construction by 2040, 41% higher than the current investment level. […]

Gold firm to invest Sh2.4bn in Kenya mines

Guernsey-incorporated Shanta Gold is set to invest $24 million (Sh2.4 billion) in staffing and gold exploration costs in Kenya after buying seven mining licences covering the Western part of the country from Toronto-based Barrick Gold Corporation. The spending, to be spread over three years, was disclosed by Shanta in an analyst call on Monday. “What […]

Kenya Logistics Market is Expected to Cross USD 5 Billion by 2023: Ken Research

Key Findings KSh 180.9 billion have been allocated for on-going roads construction projects as well as the rehabilitation and maintenance of roads. KSh 55.8 billion have been provided for the completion of Phase 2A of the SGR, KSh 11.0 billion for the LAPSSET Project; and KSh 7.2 billion for the Mombasa Port Development Project. The […]

Kenya’s Automotive Market

Kenya’s GDP per capita is expected to reach US$1,432 by the end of 2015 and to grow at a CAGR of 7.5% between till 2020. This is expected to result in an increase in private consumption and amongst other things, drive the sales of motor vehicles. Expenditure on the purchase of cars, motorcycles and other […]

Global e-retail transaction values to exceed $4tn by 2024

E-retail transaction values will reach $4.8tn by 2024, up from $3.3 trillion in 2020, according to a new report from Juniper Research. The firm said this growth will be driven by emerging markets, with China having 62% value growth over the next 4 years. The research, titled Strategies for Payment Providers: Industry Trends, Opportunities & […]

Unilever introduces 100% recyclable plastic packaging in East Africa

The Dutch-British multinational Unilever has recently launched its first plastic packaging made from 100% recycled flexible materials in Nairobi, Kenya. Thousands of tonnes of virgin plastics will be reduced each year in Africa as a result of this initiative. The scouring powder “Sunlight” is Unilever’s first product with fully recyclable packaging so far in Kenya. […]