About Country

The Republic of Kenya borders the Indian Ocean to the southeast, Tanzania to the south, Uganda to the west, Sudan to the northwest, Ethiopia to the north, and Somalia to the northeast. Lake Victoria is shared between Uganda, Tanzania, and Kenya. 

Private sector-led economic growth in Kenya since the early 2000s. The Government's business-friendly stance has rolled over into Vision 2030, which sets development benchmarks for a number of priority sectors. This has been complemented by the integration of the EAC and the establishment in 2005 of a customs union and a common market (2010).

Kenya has seen an upward trend in economic development to a record of 5% as at December 2010 with prospects looking up due to extensive economic reforms, a new constitution, and fundamental reforms in the three arms of government (executive, legislature and the judiciary)
The main sectors contributing to economic growth are building and construction, infrastructure development, manufacturing, transport and services, and tourism particularly from emerging markets; agriculture, and wholesale and retail.

Source: KenInvest

Latest COMESA region news