Kenya: Economic Snapshot 2017

As the largest economy in the EAC, Kenya is a major player in both the region and sub-Saharan Africa as a whole. Over the past few decades, its market has transformed from being largely agrarian into one of the most diversified and innovative on the continent. It was sub-Saharan Africa’s fifth-largest economy in 2015, ranked 11th in inbound foreign direct investment and is one of the few countries in Africa that is not primarily dependent on extractive revenues. The country also has some of the largest and most developed transportation and logistics infrastructures in Africa, serving as a trans-shipment centre for imports to 150m people in landlocked neighbouring countries.