Investment in Kenya

Think investment- Think Kenya

Kenya is classified as lower middle income country  by the World Bank after rebasing its economy in 2014. It is the ninth largest economy in Africa, and the fourth largest in sub-Saharan Africa.

Kenya is also the largest and most advanced economy in East and Central Africa. Its GDP accounts for more than 50 per cent of the region’s total and in terms of current market prices, its 2014 GDP stood at $58.1 billion.

Kenya was ranked third globally, after Brunei Darussalam and Kazakhstan as the most improved economy in ease of doing business according to the ‘Doing Business Guide’ published by World Bank in 2016.

The improvement was mainly helped by reforms in resolving insolvency, starting a business, protecting minority investors and getting electricity. http://www.industrialization.go.ke

Kenya Vision 2030

Kenya has a development program espoused in the Vision 2030. In this respect, policies as well as investment opportunities have been aligned accordingly to the Vision 2030 objectives. For more information visit http://www.vision2030.go.ke/

Kenya has a wide range of mineral deposits and this has led to significant growth over the years. The country has discovered huge deposits of oil. It also has  coal, soda ash, fluorspar, gemstones, carbon dioxide, iron ore, rare earth minerals, base metals and gold. http://www.mining.go.ke

Energy has been identified as one of the infrastructural enablers of the three pillars of Kenya’s Vision 2030, with an expected surge in energy use within the commercial sector. As a result, the government has formulated a power development strategy to exploit renewable resources available to her such as hydropower, geothermal, biomass, solar and wind energy. The government has undertaken legislative reforms sector to attract more investment in the growing sector.

Investment in Kenya

Think investment- Think Kenya

Kenya is classified as lower middle income country  by the World Bank after rebasing its economy in 2014. It is the ninth largest economy in Africa, and the fourth largest in sub-Saharan Africa.

Kenya is also the largest and most advanced economy in East and Central Africa. Its GDP accounts for more than 50 per cent of the region’s total and in terms of current market prices, its 2014 GDP stood at $58.1 billion.

Kenya was ranked third globally, after Brunei Darussalam and Kazakhstan as the most improved economy in ease of doing business according to the ‘Doing Business Guide’ published by World Bank in 2016.

The improvement was mainly helped by reforms in resolving insolvency, starting a business, protecting minority investors and getting electricity. http://www.industrialization.go.ke

Kenya Vision 2030

Kenya has a development program espoused in the Vision 2030. In this respect, policies as well as investment opportunities have been aligned accordingly to the Vision 2030 objectives. For more information visit http://www.vision2030.go.ke/

Kenya has a wide range of mineral deposits and this has led to significant growth over the years. The country has discovered huge deposits of oil. It also has  coal, soda ash, fluorspar, gemstones, carbon dioxide, iron ore, rare earth minerals, base metals and gold. http://www.mining.go.ke

Energy has been identified as one of the infrastructural enablers of the three pillars of Kenya’s Vision 2030, with an expected surge in energy use within the commercial sector. As a result, the government has formulated a power development strategy to exploit renewable resources available to her such as hydropower, geothermal, biomass, solar and wind energy. The government has undertaken legislative reforms sector to attract more investment in the growing sector.

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