In the past five years the Kenyan economy has grown at an average of 5.5% annually, with growth expected to remain robust, averaging 5.8% to the year 2021. Kenya's economy saw a slowdown during 2017, much due to an extended election period, but growth is expected to rebound to 5.6% in 2018.
Kenya’s economy will continue to remain resilient during 2018, in part due to its diversity, with services contributing the highest proportion to the GDP growth. Kenya's economic resilience is expected to continue as the country remains the leading hub for ICT, financial and transportation services.
Growth in the coming years will be driven by the ongoing investment in infrastructure, sustained expansion in consumer services, urbanisation, structural reforms, and the East Africa Community integration.
Business Sweden has been in Kenya since 2007 and currently employs ten people. The office is also responsible for Ethiopia, Rwanda, Tanzania, Uganda, Burundi, Djibouti, DR Congo, Eritrea, Somalia and South Sudan. Click on the reports below to find out more about these markets.
Our office has great local knowledge, especially in the East African region and has vast experience in supporting Swedish companies establishing local presence in new markets. We also have specialised competence in energy, ICT, healthcare and doing business with the UN. Within these sectors, we provide market analyses, business development services and enable a soft landing for Swedish companies.
Contact us for more information on Kenya and what we can do for your business in the Eastern African region.