Invest in Kenya: East Africa's Powerhouse
Kenya is 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 2023 GDP stood at $108.4 billion. Kenya’s strong growth prospects are supported by an emerging middle class and an increasing appetite for high-value good and services.
Stable Economy
The country enjoys a stable political and macroeconomic environment, fostering global competitiveness and positioning itself as a premier destination for business travel in Africa.
4th largest economy in SSA
4.5% annual exp. GDP growth rate
>200 multinationals with presence in Kenya
Regional Logistics and Innovation Hub
The country's strategic position along the East African coast has made it a gateway for investment and trade between Africa, the Middle East, Asia, and Europe
4 international airports: JKIA busiest in East Africa
2 Sea Ports and 2 Inland Container Depots
Silicon Savannah – leading tech innovation hub in SSA
SGR can handle up to 22 million tonnes of cargo annually
Skilled and Dynamic Workforce
With 70% of its population under the age of 35 years, the country boasts a youthful demographic, while also achieving an impressive 82% literacy rate, one of the highest in Africa. Proficiency in English further facilitates seamless communication and collaboration, contributing to its overall dynamism and potential for growth.
70% of population <35 years old
>80% literacy rate
Leading in Africa's green transition
The country leads in sustainability with 93% renewable energy, pioneering Africa's Corporate Green Bond and aiming to cut emissions by 32% by 2030. It's the first to offer a mobile retail bond (M-AKIBA) and has a $40 million Green Investment Fund, showcasing its commitment to a green economy.
90+% renewable energy at competitive rates
30+% GHG reduction in Vision 2030
Solar power potential of 15,000 MW and wind potential of 3,000 MW
Safe Investment Destination
The Kenyan Constitution protects private property and provides safeguards against expropriation of such property without compensation. Kenya is also a signatory to Multilateral Investment Guarantee Agency (MIGA), Member of the International Council of Settlement of Investment Disputes (ICSID).
100% repatriation of profits or interests
>20,000 acres plug-and-play industrial facilities
Tax credits, VAT duty exemptions and Special Operating Framework Agreements
The gateway to Africa and beyond
Pan-African market access
~$336B EAC GDP
~$768B COMESA GDP
~$3.7T AfCFTA GDP
Inter-continental trade agreements
FTA with UK
AGOA with USA
EPA with EU
CEPA with UAE
Global endorsements of Kenya
World Economic Forum report
Kenya rated No.1 in Africa in terms of quality of Human Capital and availability of research and innovation
Africa: The Big Deal Report
Number one (1) In Africa on startup funding 2023 (approx. USD 800 mn)
FDI intelligence report
Number one (1) in Africa with greatest investment momentum in 2024
Ease of Doing Business Report of the World Bank
Kenya rated No.3 in Africa in terms of Ease of Doing Business
UNCTAD 2024 Preliminary report
Kenya among best three (3) in Africa in terms of Green field projects announcement due to strong growth in Kenya's investment environment
World Bank report
Kenya Rated 29th fastest growing economy in the world